Show:
Personal Financial Statements
Budgeting Techniques
Miscellaneous
Your financial Future
Things On A Check
100
Getting the most out of your money
What is Money Management
100
same amount each time
What is Fixed expence
100
Spending more than allowed
What is a Deficit
100
report that summarizes your current financial condition, acknowledges your financial needs, and sets a direction for your future financial activities
What is Financial Plan
100
Number on the Upper right corner
What is the Check Number
200
Items of value
What is Personal Assests
200
cost that change each time
What is Variable costs
200
Spending less than allowed
What is Surplus
200
Birth Certificate Social Security Card Current Resume
What is Personal Records
200
Information is upper left hand corner
What is check owner information
300
Amounts owned to others.
What is Liabilities.
300
amount of money allowed for each category
What is Allowance
300
Difference between amount spent and budgeted amount
What is Budget Variance
300
Lease Mortgage Papers Property Tax Records
What is Housing Records
300
Goes on the line marked signature.
What is your name
400
Money you have available to spend.
What is Cash inflows
400
Live within your income Achieve your financial goals Buy wisely Avoid credit problems Plan financial emergency Develop good management skills
What is Purpose of a Budget
400
Food Transportation Savings Clothing Housing Health / Personal Care Recreation / Entertainment / Education
What is Budget Categories
400
Pay stubs, W-2 forms Receipts for tax deductions income tax forms
What is Tax records
400
Goes on the line market recipient
What is Name of the recipient of check
500
Reports net wages and other income along with spending for a period
What is Personal Cash flow statement
500
Set financial Goals Plan budget categories Maintain financial records Evaluate your budget
What is The Budget Process
500
Must be realistic Should be flexible Should be evaluated regularly Must be well planned + clearly communicated Simple format
What is Characteristics of an effective budget
500
Individual Retirement Account
What is the IRA
500
Name of recipient, Date, amount in numbers, amount in words, what check was for, signature.
What is things you fill out a check with