This is the amount of income left after taxes and other deductions are taken out of your gross pay.
What is Take-Home Pay or "Net Pay"?
100
This is the name of the measure that portrays the changes in prices for commonly purchased goods and services in the U.S.
What is the Consumer Price Index (CPI)?
100
This is the "price at which property could be sold".
What is Market Value?
100
These are the debts you owe.
What are Liabilities?
100
This is the statement that is made up of the categories for Income, Unexpected Expenses, Variable Expenses, and Fixed Expenses.
What is a Budget?
200
This is another name for the process of money going in and out of your wallet and bank account/s.
What is Cash Flow?
200
This is what you call the plan for using your money in a way that best meets your wants and needs - towards your financial goals.
What is a Budget?
200
This is the term used to portray the difference between the amount you own and the debt you owe - typically shown on your Personal Balance Sheet.
What is Net Worth?
200
This is a term describing what you have when your net cash flow is positive...in other words, your income exceeds your expense.
What is Surplus?
200
This is the statement that is made up of the categories for Income, Expenses, and Net Cash Flow.
What is a Cash Flow Statement?
300
This is another name for money you receive.
What is Income?
300
This is the difference between your budgeted amount amount and the actual amount you spend.
What is a Budget Variance?
300
This is the term used to collectively call any item of value that you own, including cash, property, personal possessions, and investments are collectively called this.
What are Assets?
300
Where you would store valuables and documents that you may not need to have readily accessible, but which may difficult or impossible to replace if stolen or destroyed.
What is a safe deposit box (which you can rent at a bank)?
300
Assets such as liquid assets, real estate, personal possessions, and investments - and - liabilities such as current and long term liabilities make this statement.
What is a Personal Balance Sheet or Net Worth Statement?
400
This is what you call the money left over after you have paid for your essentials - such as food, clothing, shelter, and transportation.
What is Discretionary Income?
400
this is the term used to describe the method you use to plan how you get the most out of your money.
What is Money Management?
400
This is the basic equation used to define Net Cash Flow as represented on your Cash Flow Statement.
What is Income (Cash Inflow) - Expenses (Cash Outflow).
400
This is a good type of asset to have tucked away in case of an emergency?
What are Liquid Assets?
400
These are the documents that provide you with information about your current financial position along with a summary of your income and spending.
What are Personal Financial Statements?
500
This is a term used for the situation where you spend more than you earn or receive in income.
What is Deficit.
500
This is the condition that occurs when a person's liabilities are greater that his or her assets.
What is Insolvency?
500
This is the basic equation used to define Net Worth as represented on your Personal Balance Sheet.
What is Assets - Liabilities?
500
This is a term given to someone's asset portfolio, in part or in total, where they can quickly turn that asset into cash.
What is Liquidity?
500
This is your favorite class?
What are Personal Finance and Investments or Independent Living or Technology Readiness or Consumer Math or Accounting or Sports Marketing or Web Design.