Personal Financial Planning

If you have an abundance of money and assets, you are considered

A software program that formats data in columns and rows and can perform calculations is a(n)

An amount spent for an item that a person could do without is a(n)

Financial trouble can be avoided by

Ease with which an asset can be converted into cash without losing value.

A(n) _________ is a written record of an individual's current financial situation.

Medical bills, credit cards, and charge accounts are examples of

Money that remains after a person has paid al of his or her expenses is

Process of setting up an organized system for important documents.

The cost of goods and services purchased is a(n)

Major problem that changes a person or family's lifestyle and future.

A(n) is an organization that aids those in need

Paper that can be filed with the court officer or used to uphold an agreement in a court of law

Set amount that you must pay each budget period.

An item of value that is owed, such as cash, real estate, and bonds is

When considering your financial situation, you should consider

Behaving with sensitivity to social, environmental, and economic issues is

Information stored on your computer should be

Cost that changes both in the amount and time it must be paid.

The difference between what is owned and what is owed is

Plan for the use of money over time based on goals, expenses, and expected income.

Allowance, a paycheck, gifts, and gains from an investment are examples of

Money that can easily be accessed in case of a job layoff, illness, or unexpected expense .

Consists of the stages a family passes through over its lifetime.

Development of a strategy to meet a person's financial needs over a lifetime.

Studying data with the goal of discovering new information to aid decision-making is

A summary of the amount of money received and the amount paid for goods & services over time.