Storing Financial Records
Definitions
Budget
Cash Flow
More Definitions
100
Housing Records (lease, if renting; property tax records; home repair and improvement receipts)
What is a Home File
100
Planning how to get the most from your money
What is Money management
100
Budget for fixed expenses
What is step 4 of budgeting.
100
The amount of income left after taxes and other deductions are taken out of your gross pay
What is take-home pay.
100
a plan for using money to meet wants and needs
What is a budget.
200
Birth Certificate
What is a Safe- Deposit Box
200
Any items of value that an individual or company owns, including cash, property, personal possessions, and investments.
What is an asset
200
Estimate your income
What is step 2 of budgeting.
200
The money that actually goes into and out of your wallet and bank accounts
What is cash flow
200
a small, secure storage compartment that you can rent in a bank
What is a safe-deposit box
300
Insurance Policy Numbers
What is a Safe- Deposit Box
300
The difference between the amount that you own and the debts that you owe
What is net worth.
300
Record what you spend
What is step 6 of budgeting.
300
The money you receive
What is income
300
planning how to get the most from your money
What is Money Management
400
Tax Records
What is a Home Computer
400
the price at which property would sell
What is market value.
400
a measure of the changes in prices for commonly priced goods and services in the United States.
What is consumer price index (CPI)
400
Record your expenses
What is step 2 of creating a Cash Flow Statement
400
The abundance of valuable material possessions or resources
What is wealth.
500
Estate Planning and Retirement Records
What is a Home File
500
The debts that you owe
What is liabilities
500
Set your Financial Goals
What is step 1 of budgeting
500
The money left over after paying for the essentials, such as food, clothing, shelter, transportation, and medication.
What is discretionary income.
500
land and any structures that are on it, such as a house of any other building that a person or family owns
What is real estate.
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