Chapter 22 THE IMPORTANCE OF SAVING MONEY Flashcards

1
Q

interest

A

money paid for the use of someone else’s money

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2
Q

sacrifice

A

something you give up in order to do something else

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3
Q

trade-off

A

exchanging one thing for another

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4
Q

short-term goal

A

something you want to do now

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5
Q

income

A

money earned from a job

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6
Q

long-term goal

A

something you want to do in the future

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