Budget Vocab

5. itemized summary of the expected income and expenses for a defined periodof time
7. expenses which help an individual to live more comfortably
9. individual who enjoys investing money into high-risk ventures
10. categories in which people can be put based off of their spending andsaving habits
14. goals set to be achieved in about five to 10 years
15. individual who enjoys spending money on himself/herself or others

1. individual’s expenses and outstanding debts
2. process of creating a plan to spend and save money
3. expenditures which are essential for an individual to be live and function
4. goals set to be achieved in less than a year of time
6. individual who plans for the future and is prepared for any type of financialsituations
8. goals set to be achieved in about 10 or more years
11. individual who does not consider money as a necessity and does not havemuch of an opinion on money
12. individual’s belongings which have value
13. individual who likes to save money rather than spend money