Money Matters
Money earned from working
INCOME
Plan for using money
Plan for managing income and expenses
BUDGET
Fear of missing opportunities
FOMO
A place to keep money safe
BANK
Bank payment for keeping money deposited
INTEREST
Something you work to achieve
GOAL
Money added to your account
DEPOSIT
Items you must pay every month
EXPENSES
Money returned for a product
REFUND
Paying later for a purchase
CREDIT
Using money to make more money
INVESTING
Buying company ownership
STOCK
Money earned before taxes
GROSS PAY
Bills that stay the same every month
FIXED EXPENSES
Amount saved during a sale
DISCOUNT
Score showing repayment reliability
CREDIT SCORE
Bank account that earns interest
SAVINGS ACCOUNT
Mixing investments to reduce risk
DIVERSIFICATION
The amount a product is sold for
PRICE
Bills that change every month
VARIABLE EXPENSES
Buying something on impulse
IMPULSIVE SHOPPING OR INSTANT GRATIFICATION
Cost of borrowing money
INTEREST
Choosing needs over wants helps manage this
FINANCIAL PLAN
The chance of losing money
RISK
Money paid to the government
TAXES
Money left after expenses
BALANCE
Fear of missing opportunities
FOMO
Cost of giving up one choice for another
OPPORTUNITY COST
Study of how people think about money
FINANCIAL PSYCHOLOGY
Education that increases skills and future pay
HIGHER EDUCATION