Personal Unit 5

A process of looking at your current financial situation and thinking about your future

• Financial Planning

• Financial Planners

• Phishing

• Identity Theft

Professional consultants who provide advice for a fee

• Personal Budget

• Financial Planners

• Phishing

• Identity Theft

A common Internet scam where an email is sent to try to get your information

• Personal Budget

• Fixed Expenses

• Phishing

• Identity Theft

When someone uses your personal information to commit fraud or other crimes

• Personal Budget

• Fixed Expenses

• Phishing

• Identity Theft

A spending and savings plan based on estimated income and expenses

• Personal Budget

• Fixed Expenses

• Varial Expenses

• Variances

Expenses that do not change each month

• Personal Cash Flow Statement

• Fixed Expenses

• Varial Expenses

• Variances

Expenses that can go up and down each month

• Personal Cash Flow Statement

• Fixed Expenses

• Variable Expenses

• Variances

List cash inflows and outflows for a period of time

• Personal Cash Flow Statement

• Liabilities

• Assets

• Variances

The difference between planned amounts and actual amounts

• Appreciate

• Liabilities

• Assets

• Variances

Many are items of value that you own

• Appreciate

• Liabilities

• Assets

• Depreciate