24 25 1 Semester Final

Front

money owed to another person or company

Back

Debt

Front

a person or organization that uses a product or service

Back

Consumer

Front

the additional cost a lender charges for borrowing their money

Back

Interest

Front

what a person earns after payroll taxes and other deductions are taken out; often referred to as take-home pay

Back

Net Income

Front

Personal Finance

Back

all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time

Front

Paycheck to Paycheck

Back

when a person's monthly income is devoted to expenses and has little to no savings

Front

the goods or services; money paid out of a person's income (or paycheck)

Back

Expense

Front

Personal finance is 20% knowing what to do about money. What‘s the other 80%?

Back

What you do

Front

Living on less than you make means not: Buying a car at 16 years old, Going to college after high school, Budgeting to eat out with friends, Spending all of your money

Back

Spending all of your money

Front

Detailed plan of how you are going to use your money to pay for things you want and need.

Back

Budget