Financial Responsibilities

This is what something would be worth if you sold it today.

Money received from different sources is called what?

The internet is a valuable source of information for financial planning.

The process of planning every aspect of your personal finances is called

Something you acquire with the ultimate goal of making money is called what?

These stay the same from month to month.

A financial statement that tells your financial position at a specific point in time is called what?

Money that may be spent is called what?

Everything you read on the internet is true.

What should you consider when hiring a financial advisor?

What we owe, or our debt is called what?

The formula to find your net worth is what?

Saving money to buy a phone is an example of what?

Making decisions about getting credit and using credit is called what?

Buying a house is an example of what?

The things that you have that could be converted to cash without a significant loss are called

What is the legal process in which a court takes over some of the finances of a person who is unable to pay their bills?

The possibility of financial loss is called what?

Which is an example of a liquid asset?

When you buy something, you give up the opportunity to do something else with that money.

Anything we own, such as cars and motorcycles, are called what?