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Dollars and sense (S
| Term | Definition |
|---|---|
| Zero-Based Budget | Cash-flow plan |
| Budget | Giving, spending, saving |
| Fixed expense | Expense that stays the same |
| Commission | Earnings based on sales made |
| Disretionary (Nonessential) Expense | Expenses you don't need |
| Net Income | What a person owns after payroll |
| Gross income | The amount you earn after taxes |
| Cash-flow statement | Summarizes your income |
| Intermittent expense | Large lumps of money each year |
| Income | Money given after work |
| Variable expense | The money you expect month to month |
| Irregular income | Income that comes at different times |