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Budgeting & the Cost of Money

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Do you know your Budgeting and Cost of Money vocab?

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Crucigrama

Budgeting & the Cost of MoneyVersión en línea

Do you know your Budgeting and Cost of Money vocab?

por Jacob White
1

Saving a dollar of spending is as good as working longer for an extra dollar

2

Money left after all taxes, deductions, and fixed expenses are paid

3

Institution responsible for clearing checks, regulating the money supply, and stimulating the economy

4

A way to estimate the time needed for money to double at a given interest rate

5

This is experienced when interest is left in an account to accumulate over time

6

Deduct savings contributions each month before spending

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Money left after taxes and deductions

8

Decisions by the Fed that change the money supply

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Calculated by multiplying Principal x Rate x Number of Years

10

An estimate of income and expenditure for a set period of time in which there is neither a deficit nor a surplus

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Liquid Savings that ideally equals three to six months of your expenses

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Budget costs that do not fluctuate from month to month

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The amount of goods and services that can be purchased with an amount of money after adjusting for inflation

14

Can be used to reduce the price on a house, car or private purchase

15

Difference between expenses that are necessary and those that are desired

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How easily an asset can be converted into other assets.

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An uncontrollable event such as a natural disaster

18

Difference between income and expenses when expenses are greater than income

19

A sum of money lent or invested on which interest is paid.

20

Money that is gained through wages, investments, gifts, etc.

21

A debt investment in which the investor loans money to a company or government

22

A plan to achieve a future result that is specific and time-bound

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The annual rate charged for borrowing expressed as a single percentage number that represents the actual yearly over the term of a loan. It includes any fees or additional costs.

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