Personal Finance

2. when income is greater than expenses
4. value of the next best alternative that must be forgone as a result of a decision
5. amount you could realistically sell an asset for today
6. an account that allows quick access to funds for transactions
8. money spent
10. feeling good about one's life
13. something a person intends to acquire, achieve, or accomplish in the future
18. businesses that provide financial services
19. when expenses are greater than income
21. tax on earned income
26. money earned from working for pay
27. tax on purchased goods and services
29. goal that will be attained in more than one year
30. goods or services that are required for survival
31. income received from sources other that employment

1. percentage rate used to calculate interest
3. managing money continuously through life in order to reach your financial goals
7. depository institution that offer many banking services and are owned by their customers
9. tax on property, such as land, buildings, and automobiles
11. debt or obligation owed to others
12. an individual's income earned as salary or wages before taxes and other deductions
14. goal that will be attained in less than one year
15. tax on earned and unearned income
16. specific objectives that are accomplished through financial planning
17. managing money in ways that build a sense of understanding, competence, and control
20. portion of current income not spent on consumption
22. take home pay
23. money received
24. price paid for using someone else's money
25. measurement of how much a person or household owns once all debts have been paid
28. giving up one thing for another