Personal Finance Vocab

Flashcard
•
Computers
•
8th Grade
•
Hard
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20 questions
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1.
FLASHCARD QUESTION
Front
Goals are things you want to accomplish.
Back
Things you want to accomplish.
2.
FLASHCARD QUESTION
Front
When more money is spent than earned, you have a...
Back
Deficit
3.
FLASHCARD QUESTION
Front
Income before taxes and deductions.
Back
Gross Pay
4.
FLASHCARD QUESTION
Front
Discretionary income occurs when you have money left after essentials.
Back
Have money left over after paying for your needs and essentials.
5.
FLASHCARD QUESTION
Front
Commitment to a fulfilling field.
Back
Career
6.
FLASHCARD QUESTION
Front
Ability to convert financial assets to cash.
Back
Liquidity
7.
FLASHCARD QUESTION
Front
Surplus occurs when income exceeds expenses.
Back
Your income is higher than your expenses.
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