Budget Management
a financial plan that takes into account
estimated revenue and expenses over a certain period
of time.
A budget
Form of credit with which you can "revolve" or carry a balance from month to month
Revolving Credit
_____ are the largest expense most individuals will have
Taxes
Buy ___, Sell ____
Buy LOW, sell HIGH
Study of how people use their scarce
resources to satisfy their wants and
needs.
Economics
List 3 examples of a fixed expense
rent, utilities, loan payments, subscriptions, insurance
Any asset a borrower can offer to secure a loan
collateral
Standard hours in a full-time work week are???
40 hours
What Causes Stock Prices to Change?
Supply and Demand
Earnings and Expectations
Sentiments and Attitudes
Economic Indicators
Follow the Leader (volume)
Anything ☺
looks at the decisions of
countries and governments.
Macroeconomics
List 3 examples of a flexible expense
groceries, eating out, entertainement, shopping
Your business ability to make the revenue needed to pay back a loan
Capacity
Compulsory charges imposed on
citizens by local, state, and federal governments.
Used to provide public goods and services.
Taxes
The more _____ you have, the greater
your claim an owner.
stock
deciding to do one thing instead
of another.
Trade-Off
List 3 examples of an unplanned expense
car repair, home repair, medical emergency, moving expenses, job loss, etc
Borrow as much money as you need with your home's equity as collateral
Home Equity Lines of Credit
The length of time for which an employee’s wages
are calculated; most are weekly, bi-weekly, twice a
month, or monthly
Pay Period
The first time a stock is sold to the public
the sacrifice that is
made, or what you give up to do or have
something else.
Opportunity Cost
What are the three types of budgets
balanced budget, surplus budget, deficit budget
home equity line
personal lines of credit
credit card lines of credit
overdraft lines of credit
What are the 4 mandatory paycheck deductions
Federal Income Tax
State Income Tax
Social Security
Medicare
All securities traded on the stock exchange have a
______ symbol.
ticker symbol
study of individuals and
business decisions
Microeconomics