budgeting vocab

1. categories in which people can be put based off of their spending and saving habits
4. individual who does not consider money as a necessity and does not have much of an opinion on money
5. individual’s belongings which have value
7. individual who enjoys investing money into high-risk ventures
10. process of creating a plan to spend and save money
12. goals set to be achieved in about 10 or more years
14. individual’s expenses and outstanding debts

2. expenses which help an individual to live more comfortably
3. expenditures which are essential for an individual to be live and function
6. goals set to be achieved in less than a year of time
8. Seeker individual who plans for the future and is prepared for any type of financial situations
9. itemized summary of the expected income and expenses for a defined period of time
11. individual who enjoys spending money on himself/herself or others
13. individual who likes to save money rather than spend money
15. goals set to be achieved in about five to 10 years