Relier Pairs Matching Game Financial TermsVersion en ligne Financial Terms par VisitMind Games 1 Budget Deficit 2 Financial Responsibility 3 Financial Goals 4 Debt 5 Income 6 Variable Expenses 7 Budget Surplus 8 Credit Score 9 Taxes 10 Fixed Expenses 11 Savings 12 Needs vs. Wants 13 Budgeting Having more expenses than income = negative cash flow Setting objectives for short and long term financial achievements Differentiating essential expenses versus discretionary expenses A prediction of how likely you are to pay a loan back on time (based on your credit reports) The action of setting aside money for future needs, possible emergencies, or financial goals Expenses that remain constant from month to month (rent, insurance, etc) The process of managing money in a productive way Money received through work, investments, allowances, or scholarships A sum of money that is owed Having more income than expenses = positive cash flow Creating a plan to manage your income and expenses Expenses that change from month to month (grocery bill, travel costs, appointments, etc) A compulsory contribution to state revenue levied by the government