Term
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Definition
| Something someone wants to have done; sometimes within a certain amount of time |
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Term
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Definition
| Coming up with the thing one wants to do or accomplish |
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Term
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Definition
| The way one sees themselves spending money. Including things they plan purchase, things they need to repeatedly pay money for (i.e. a mortgage) and what money they want to save. |
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Term
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Definition
| What needs to be paid for various goods and services |
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Term
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Definition
| Expenses that do not change from month to month (stuff with contracts i.e. phone bill or mortgage) |
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Term
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Definition
| Expenses that vary from month to month(you have control over how much you spend i.e. food, movies, clothes) |
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Term
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Definition
| The amount of money, investments, or any other measure of wealth that a person wants to have accumulated in a certain amount of time |
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Definition
| A goal that can be met in a short amount of time, like a few months |
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Term
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Definition
| A goal that takes a long time to complete, at least five years |
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Term
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Definition
| Money received as a payment for work, services, or goods supplied |
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Term
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Definition
| Income that is the same every month |
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Term
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Definition
| Income that can change from month to month (i.e. if you are a musician who gets paid per performance) |
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Term
| What should you keep track of in a budget? |
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Definition
| How much income you get and how you plan to spend and save that money |
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