PCS Personal Fin Word Scramble
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Term | Definition |
budget | a written cash flow plan |
cash flow statement | a summary that shows total income and spending for a given time |
carbon check | a copy of each check you write |
envelope system | series of envelopes that are divided into categories (food, entertainment, gas, etc.) and are used to store cash for planned monthly expenses |
impulse purchase | an item that is bought without previous planning or consideration of the long-term effects |
overdraft | occurs when money is withdrawn from a bank account and the available balance goes below zero |
reconcile | to match your bank statement with your checkbook |
zero-based budget | a cash flow plan that assigns an expense to every dollar of your income, wherein the total income minus the total expenses equals zero |
Created by:
Ms.Sala
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