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Money Management Flashcards | StudBud
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Money Management
Money Management
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High School Personal Finance Money Management
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Money that comes out of your cash flow is called an ________?
Expense
Taxes
Income
Surplus
2
All the following are benefits of organizing your documents except?
Knowing where to find your personal information
Planning and managing your financial progress
Determining how much you have
Putting money in your checking account
3
Determine your net cash flow by subtracting expenses from your _______?
Gross Pay
Income
Salary
Balance Sheet
4
The price at which property will sell?
Market Value
Supply and Demand
Trade Off
Appraised Value
5
A plan for using money to meet wants and needs?
Cash flow
Liquid assets
Budget
Balance Sheet
6
Planning how to get the most from your money is an example of?
Net Worth
Money Management
Insolvency
Liquidity
7
The debts you owe are called?
Liabilites
Pension Plan
Income
Assets
8
The difference between what you own and what you owe is called?
Liabilities
Cash Flow
Net worth
Assets
9
The amount of income left after taxes and other deductions taken out of your gross pay
Take home pay
Liquid Asset
Budget
Surplus
10
Cash and items that can be converted to cash:
Liquidity
Real Estate
Wealth
Income
