Unit 9 Vocabulary

a way of organizing income and expenses over a period of time

• Personal Budget

• Net Worth

• Assets

• Liabilities

amount of money that you owe to a financial institution

• Personal Budget

• Net Worth

• Assets

• Liabilities

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

an item or amount of money that you own

• Personal Budget

• Net Worth

• Assets

• Liabilities

Tags

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

the value of what you own minus the value of what you owe

• Personal Budget

• Net Worth

• Assets

• Liabilities

expenses that do not change from month to month

• Fixed Expenses

• Variable Expenses

• Sales Tax

• Income Tax

Tags

CCSS.3.OA.D.9

expenses that vary from month to month

• Fixed Expenses

• Variable Expenses

• Sales Tax

• Income Tax

a percentage charged on goods or services

• Fixed Expenses

• Variable Expenses

• Sales Tax

• Income Tax

Tags

CCSS.6.RP.A.3C

a percentage deducted from income that you earn

• Fixed Expenses

• Variable Expenses

• Sales Tax

• Income Tax

Tags

CCSS.6.RP.A.3C

interest earned only on the principal, or original amount deposited in the account

• Simple Interest

• Sale

• Rebate

• Coupon

Tags

CCSS.7.RP.A.3

when the cost of an item is reduced for a period of time

• Simple Interest

• Sale

• Rebate

• Coupon

Tags

CCSS.L.6.6

CCSS.L.7.6

CCSS.L.8.6

CCSS.W.7.2D

CCSS.W.8.2D