Money Management Terms

1. Regularly occurring costs that do not change in amount, such as rent, car payments, or insurance premiums.
4. The act of spending money; it refers to the amount of money spent on goods and services.
7. The process of budgeting, saving, investing, spending, or otherwise overseeing the cash usage of an individual or group.
8. A plan for managing income and expenses over a set period.
10. The cost of borrowing money, usually expressed as a percentage of the amount borrowed, or the earnings from saving or investing money.
11. The total income earned before any deductions or taxes are taken out.
13. The ability to borrow money or access goods or services with the understanding that payment will be made in the future.

1. Costs that change in amount and frequency, such as groceries, entertainment, or utilities.
2. Money received, especially regularly, for work or through investments.
3. A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits.
5. The amount of money left after all deductions (like taxes and expenses) have been taken from gross income.
6. Deceptive practices that result in financial or other losses for consumers during seemingly legitimate business transactions.
9. The original amount of money invested or the amount of a loan that must be repaid, not including interest.
12. A medium of exchange that is widely accepted in transactions involving goods, services, or repayment of debts.