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Personal Finance

Personal Finance Vocabulary

QuestionAnswer
Money Owed. Debt
Investments Investing money for profit.
A person, bank, or company who loans you money. Lender
Savings Money for later use.
Expenses that with change. Non-Fixed Expenses
Minimum Wage The lowest wage permitted by law.
House payment. Mortgage
An Expense that will stay the same. Fixed Expenses.
Budget A plan for spending/saving money.
Financial obligations, such as bills. Expenses
Income Money received from work, investments, or other financial support.
Terms for ones work-related financial. Wage/Salary
Loan A sum of money given for a designated period of time.
A percentage of borrowed sum of money which must be paid. Interest
Risk & Return Loss of money for profit
A loan/borrowing money to purchase something you cant pay for. Credit
Created by: user-1817110
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