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Finance
| Term | Definition |
|---|---|
| Income | Money received from anywhere |
| Mortgage | House Payment |
| Fixed Expenses | Same total amount |
| Non-Fixed Expense | Total amount changes |
| Minimum wage | Lowest legal payment |
| Wage | Work earnings |
| Budget | Spending and Saving money |
| Expenses | Obligated Payments |
| Investments | Investment for profit |
| risk & reward | Higher risk Higher Rewards |
| Savings | How much money is saved |
| Debt | Owed money |
| Credit | Borrowing money |
| Intrest | percent of money owed back + loan |
| Loan | Money paid back over time |
| Lender | Someone Who lends money |