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Personal Money Management/Budget

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
What is money that comes in, usually through working?   show
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show luxary  
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A plan for how money will be spent is a?   show
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show essential expense  
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expenses that you spend extra money on   show
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expenses that vary each month   show
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expenses that are the same each month   show
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Money set aside over time   show
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A charge a bank pays you for using your money, or that a bank or company charges you for using their money   show
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earning interest on interest   show
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show investing  
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the possibility of losing money while investing   show
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show credit  
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a card that used for purchases in which the money comes directly from your checking account   show
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a card that allows you to purchase to a line of credit for which you are billed later   show
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What are the ways people can get income?   show
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Why is a budget a good thing to use?   show
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What is the goal of saving money?   show
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show retirement  
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show The best way to save money is in a bank because you can earn interest on your money.  
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What is the biggest investment most people make?   show
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show small investments in large companies  
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What are bonds?   show
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show You will have to pay back interest, so you usually have to pay back more than you owe.  
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show credit cards, home loans, student loans  
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show Having more money coming in than going out.  
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Created by: dedington1
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