Principles of Investing - Chapter 1 Vocabulary
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Last updated 5:25 PM on 3/2/25
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6 Terms
1
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plan
a method or process worked out in advance that leads to the achievement of some goal
2
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goal
something you want to achieve or obtain
3
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fixed expenses
amounts you have committed to spend
4
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flexible expenses
amounts that you can choose to spend or not to spend
5
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budget
a plan for diving your income into spend and saving options
6
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self-providing
providing a direct hands-on way for your needs and the needs of your family
Note 
Flashcards (77)