Budgeting Vocabulary
5.0(1)
Studied by 300 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/9
Last updated 6:06 PM on 11/15/22
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
10 Terms
1
New cards
Budgeting
A plan for spending money based on income and expenses
2
New cards
Debt
Money that is owed to someone or a company
3
New cards
Emergency Expenses
An unexpected event that requires you to spend money fast
4
New cards
Expenses
The amount of money something costs
5
New cards
Fixed Expense
An amount of money that you pay that does not change monthly or changes very little
6
New cards
Flexible Expense
An amount of money that you pay that does change monthly
7
New cards
Income
Money received through work or investments
8
New cards
Insurance
Monthly payments that protect your car, house, and health in case of an emergency
9
New cards
Mortgage
Monthly payments on a house
10
New cards
Utilities
Monthly payments for heating, water, and electricity
