Term
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Definition
Something that puts money in your pocket
(Investments, real estate, job) |
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Term
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Definition
Something that takes money out of your pocket
(House, car, utilities bills, taxes) |
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Term
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Definition
Money coming in from a variety of sources
(job, interest, investment properties, royalties, inheritance) |
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Term
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Definition
Money going out for the cost of living
(Food, clothes, utility bills, medical bills, insurance) |
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Term
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Definition
Money after taxes from a variety of sources
(job, paper investments, real estate, savings) |
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Term
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Definition
Income that is generated without direct involvement
(rental properties, royalties, paper investments) |
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Term
Liquefyng Assets
(Liquidation) |
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Definition
| To take an asset and turn it into cash by selling the asset. |
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Term
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Definition
| When an asset loses its value over time |
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Term
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Definition
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Term
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Definition
A product that money is placed in to make it grow
(Stocks, bonds, mutual funds, IRA's) |
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