Money received from work, investments, or other sources.

A type of tax paid on earnings.

A loan taken from a bank.

A form of savings account interest.

Net worth (assets minus liabilities) or resources to generate wealth.

A type of loan used for purchasing property.

A financial term that refers to the total income of a business.

A method of calculating interest rates on loans.

The total value of what one owns minus debts.

The total income earned in a year.

The amount of money spent on liabilities.

The value of assets without considering debts.

The ability to convert an asset into cash easily.

The total value of all assets owned.

The amount of cash available at a given time.

The rate of return on an investment.

Debts or obligations that must be paid. Example: A student loan, a mortgage.

Assets that can be converted into cash.

Income that is earned from investments.

Expenses that are incurred during operations.

Planning of income and expenses for a specific period. Example: A monthly budget to save.

A method of tracking daily expenses without any planning.

A financial statement that only includes income.

A tool used for investing in stocks and bonds.

Use of money to acquire assets in order to obtain profits. Example: Buying stocks or investment funds.

A method of saving money without any risk.

A way to spend money on luxury items.

A strategy to avoid financial losses.

Resources with economic value that can generate benefits. Example: A house, shares in a company.

Items that are always liquid and can be easily converted to cash.

Liabilities that represent debts owed by an individual or company.

Tangible items that have no economic value.

Money spent on goods or services. Example: Payment for basic services like electricity or water.

Income received from investments or savings.

Money saved for future use or emergencies.

Payments made for leisure activities and entertainment.