Money Management Terminology

4. Are things that are essential to your health and security.
5. A detailed plan of exactly how you’re going to use your money to pay for the things you want and need.
6. Waiting until you know you can afford something.
7. It is an acronym for a checklist for creating turbocharged goals that will guide you to success.
8. A predictable amount of money spent to buy something or do something that is the exact same amount every time.
10. Saving a certain amount of money to be used later for financial goals.
12. The money flowing into your pockets as income and flowing out as expenses and debt.
14. Are common expenses where the amount is different each time, such as paying for groceries or gas.
16. Any money you receive such as an allowance or paycheck.

1. Arise occasionally during the year, usually less than once a month.
2. Setting aside money to have on hand for unexpected expenses and events.
3. Deciding that you want something and buying it right away.
9. Record of everything you spend your money on and how much you spend each day.
11. The ideas and beliefs that are most important or most meaningful to you.
13. Giving up the next best choice when making a decision.
15. Are things that make life more interesting and fun, but you can get by without them.