WorksheetsPersonal Finance Vocabulary
Total questions: 11
Worksheet time: 6mins
Anything of value that is owned by an individual
Asset
Consumer
Budget
Interest
A monthly plan for how you are going to save and spend you income
budget
net worth
Simple Interest
Asset
an obligation to repay borrowed money
a person or organization that purchases a product or service
interest
renter
Anything you owe; a debt
Liability
the total value of a person's assets (things owned) minus their liabilities (things owed)
Net worth
Profit
Income
Assets
All the money decisions a person or family makes including earnings, budgeting, saving, spending, and planning for the future
Interest paid only on the principal investment
interest paid on an investment and on any interest previously earned
Money put into an account intended for growth
A federally recognized, tax-exempt organization such as a church, hospital, charity, or school that serves the public in some capacity
