Unit 1: Managing Personal Finances Flashcards
1
Q
Personal financial
A
2
Q
Financial literacy
A
3
Q
Spending
A
4
Q
Saving
A
5
Q
Sharing
A
6
Q
Values
A
7
Q
Consumer prices inflation
A
8
Q
Interest rates
A
9
Q
Opportunity cost
A
10
Q
Time value of money
A
11
Q
Balance sheet
A
12
Q
Assets
A
13
Q
Liabilities
A
14
Q
Current liabilities
A
15
Q
Long-term
A
16
Q
Net worth
A
17
Q
Insolvency
A
18
Q
Cash flow statement
A
19
Q
Income
A
20
Q
Take-home pay
A
21
Q
Discretionary income
A
22
Q
Fixed expenses
A
23
Q
Variable expenses
A
24
Q
Budget
A
25
Q
Deficit
A
26
Q
Surplus
A