Personal finance vocab for chapter 3
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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| budget | a written cash flow plan
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| envelope system | series of envelopes that are divided into categories and used to store cash for planned expenses
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| impulse purchase | an item that is bought without previous planning
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| overdraft | occurs when money is withdrawn from a bank account and the available balance goes below zero
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| reconcile | the act of matching your bank statement with your checkbook
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| zero-based budget | a cash flow plan that assigns an expense to every dollar of your income
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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:
cboula
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