Budgeting Vocabulary

4. Taker individual who enjoys investing money into high-risk ventures
6. individual who enjoys spending money on himself/herself or others
7. individual’s belongings which have value
10. individual who does not consider money as a necessity and does not have much of an opinion on money
11. process of creating a plan to spend and save money
14. Goals goals set to be achieved in about five to 10 years

1. Goals goals set to be achieved in less than a year of time
2. Goals goals set to be achieved in about 10 or more years
3. individual’s expenses and outstanding debts
5. Needs expenditures which are essential for an individual to be live and function
6. individual who likes to save money rather than spend money
8. Seeker individual who plans for the future and is prepared for any type of financial situations
9. itemized summary of expected income and expenses for a defined period of time
12. Personalities categories in which people can be put based off of their spending and saving habits
13. Wants expenses which help an individual to live more comfortably