Money Management

3. Regular car payments are _____ expenses.
5. Debts legally owed to another person or entity.
7. The amount of income that you take home after taxes.
9. Social ________ tax is put into a trust fund and provides certain benefits to retirees or beneficiaries.
11. The ____________ cost is what you must give up to get something else.
12. Internal Revenue Service
14. A tax levied by the United States Internal Revenue Service on the annual earnings of individuals, corporations, trusts and other legal entities.

1. Adjust your _______ expenses.
2. a financial plan
4. Without money, all transactions would be conducted by ______, which involves direct exchange of one good or service for another
6. Income that you earn before taxes.
8. Letting the bank pay you to borrow your money OR the fee you must pay to borrow money.
10. Know what can be spent on ____________ expenses.
13. Something owned by a company that is valuable and will provide future benefit.