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Personal Finance

Weeks 1 & 2

QuestionAnswer
Finance Managing and making money decision
Goal is something you plan to achieve
Responsibility means being dependable and accountable for your choices.
Financial Responsibility making careful and responsible choices with your money
Needs Things you must have to live
Wants Things you would like to have but do not need
Income Money you ear or receive
Expense money you spend
Budget is a plan for how you will earn, spend, and save money
Savings means putting money aside to use in the future
Short-Term Goal a goal you can reach within a year
Long-Term Goal a goal that may take several year to reach
Created by: user-1781320
 

 



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