Shared Flashcard Set

Details

Personal Finance ch 4
test review
14
Finance
12th Grade
11/02/2011

Additional Finance Flashcards

 


 

Cards

Term
assets
Definition
money and items of value that you own
Term
Benchmarks
Definition
Standards against which progress is measured
Term
Budget
Definition
A spending and saving plan based on expected income and expenses
Term
cash inflow
Definition
income of your job, investments and other recources
Term
cash outflow
Definition
Expenses or items for for which you must spend money
Term
Charitable giving
Definition
Donating money or time to a cause in which you believe
Term
Electronic records
Definition
Soft copy formats of your financial information stored on your computer
Term
encryption
Definition
process of converting data to a coded form
Term
Financial goals
Definition
Plans for how you will pay for your personal goals
Term
Financial plan
Definition
A comprehensive plan listing goals along with steps and a timeline for reaching them
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