Welcome to StudyStack, where users create FlashCards and share them with others. Click on the large flashcard to flip it over. Then click the green, red, or yellow box to move the current card to that box. Below the flashcards are blue buttons for other activities that you can try to study the same information.
Reset Password Free Sign Up

Free flashcards for serious fun studying. Create your own or use sets shared by other students and teachers.

Remove ads
Don't know (0)
Know (0)
remaining cards (0)
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Personal Finance Ins

UCA Personal Finance Institute-Chapter 1 Vocabulary

assets What you own
retirement planning Determining how much money you should set aside each year for retirement and how you should invest those funds.
personal financial plan A plan that specifies your financial goals and describes the spending, financing, and investing plans that are intended to achieve those goals.
insurance planning Determining the types and amount of insurance needed to protect your assets.
net worth The value of what you own minus the value of what you owe.
opportunity cost What you give up as a result of a decision.
budget planning ______ ______ is the process of forecasting future expenses and savings.
liquidity Your ability to access funds to cover any short
estate planning Determining how your wealth will be distributed before or upon your death.
risk Uncertainty surrounding the potential return on an investment.
Created by: smills01

bad sites Copyright ©2001-2016  StudyStack LLC   All rights reserved.