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TermDefinition
compound interest earning interest on interest
consumption purchasing goods/services
do it yourself self-reliant for task completion
emergency savings cash for unexpected events
interest price paid for using someone else's $
interest rate % rate to calculate interest
liquidity how quick and easy assets can be converted to cash
pay yourself first saving money before paying expenses
principal original $ amount invested
saving spending less than the earnings to set aside excess funds
savings part of income not spent on consumption
time value of money today's $ is worth more than if received in the future
Created by: Tate.cord70
Popular Finance sets
Economic Activites
Goals and Decisions
Basic of Taxes
Consumer rights and responsibilities
Career Choices
Lifestyles and Stages of Life
shopping options and practices
Savings And Investing
Researching Job/Career Options
Protecting Your Financial Security
Transportation Options
Consumer Information

 

 



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