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The process of setting spending priorities, defining goas and developing a plan to achieve them, and then putting the plan into action. |
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The willingness to give up something you want now in order to get something better in the future. |
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The value of what is given up when you choose one option over another. |
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Smaller desisions that can result from a major decisison. |
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APR is the total amount of what it cost you use credit in a given year. It is expressed as a percentage of the amount borrowed. |
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A charge for setting up a loan that is typically associated with home loans. |
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The totalamount of income from wages before any payroll deductions. |
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On a credit card, the length of time you have before you start accumulating interest on an unpaid balance. |
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A fee on credit cards for makeing charges above your credit limit. |
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Movement of the money you recive and the money you spend. |
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Another term for buget. (Buget - A spending plan for managing money during a given periop of time.) |
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A clause included in many credit card company agreements that allows a credit card copmany to increase you interest rate if you make just one late payment. |
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A payroll deduction collected by employers by law and sent to the federal goverment to provide a small income and other services to the elderly, disabled americans, and orphaned minors. |
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Also called "take-home pay"; it's the amount of income left after payroll deductions. |
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A payroll deduction collected by employers by law and sent to the federal government to provide medical insurance to the elderly and to some disabled americans. |
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A payroll deduction collected by employers by law and sent to the state governments to support state services. |
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A payroll deduction collected by employers by law and sent to the federal government to support qovernmental progrmas. |
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An amount of money spent to buy something or do something. |
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Expenses that cost the same amount every time. |
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Expenses that are not fixed. |
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