Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
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

Income & Expenditure

JC Business

Regular Income Income you can plan for. Wages, child benefit, social welfare payments, pension payments
Irregular Income Income that you CANNOT plan for. Lotto win, selling a household item
Fixed expenditure Items where the cost does not change according to use. eg TV Licence, Car insurance
Irregular Expenditure Items where the cost does change according to use. Eg groceries, petrol, electricity
Discretionary Expenditure Spending on luxury, unnecessary items. Eg holidays and presents
False Economy Buying a cheap item to save money in the short term, but in the long run you end up spending more as the cheap item breaks
Impulse Buying Buying goods on the spur of the moment
Opportunity Cost When you have limited resources and your are faced with a choice, the item you DO NOT choose is the opportunity cost
Benefit-in-kind A non-cash form of Income. Eg the use of a company car
Created by: dkellybusiness