budgeting vocab quiz

a spending plan for managing money during a given period of time

costs that change in amount each time they are paid

costs that do not occur on a monthly basis

expenses

overdraft: the act of spending more money than you actually have.

able to be modified or adapted, something that can be changed easily

periodic expenses: costs that change in amount each time they are paid

fixed expenses: expenses where the amount that you pay each time is the same

the process of using a financial plan to control your money

debt