Argylls PF 5
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Money Management | Getting the most out of your money
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Safe-Deposit Box | Store important papers and small items in this
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Balance Sheet | Show assets, liabilities and net worth
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Assets | Things one owns
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Liabilities | Amounts own owes
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Net Worth | The difference between what one owns and owes
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Market Value | Price that an item would currently sell for
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Long-Term Liabilities | Debts that are not fully paid after one year
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Insolvency | Inability to pay debts when they are due
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Cash Flow | Movement of money coming in and out
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Take-Home Pay or Net Pay | The amount of income left after all deductions
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Discretionary Income | Money you have left over after paying all essentials
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Surplus | Positive cash flow-more money coming in than spent
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Deficit | Spend more than you receive
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Budget | A plan for saving and spending
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First step of a Budget | Set your financial goals
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Last step of a Budget | Review spending and savings patterns
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Four Characteristics of and effective budget | Carefully planned, Practical, Flexible, Easily Accessible
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Best way to "Pay yourself first" | Direct Deposit
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Fixed Expenses | Expense amounts that do not change
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Variable Expenses | Expense amounts that are not the same each month
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Budget Variance | The difference between the budgeted and actual amount
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
rholloway
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