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Interest paid on interest previously earned; credited daily, monthly, quarterly or semiannually |
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Five hundred dollars in readily available cash to be used only in the event of an emergency; the goal of the First Foundation |
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Percentage paid to a lender for the use of borrowed money (in debt); percentage earned on invested principal (in investing) |
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The five steps to financial success |
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Saving money over time for a large purchase |
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Save a 500$ emergency fund |
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An itemized summary of probable expenditures and income for a given period |
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The amount by which expenditures exceed income |
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An unchanging expenditure |
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An expenditure that varies |
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An amount of money remaining after all expenses have been met |
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Money received after all adjustments and deductions are made |
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