Question | Answer |
A spending and savings plan | Budget
|
expense which are the same month after month | Fixed Expenses
| expenses that vary (or change) over time | Variable Expenses
| the price paid to get a good or service | Costs
| Money charged for the use of money | Interest
| an advantage or something that helps you | Benefits
| buy now, pay later | Credit
| a card allowing someone to make a purchase on borrowed money | Credit Card
| money borrowed against a home or land | Mortgage
| individuals purchase part of the corporation | Stocks
| as source of supply, support, or aid | Resources
| shortness of supplies. Less than needed | Scarcity
| the next best choice you could have taken | Opportunity Costs
| Things you have to give up when you make a choice | Trade Offs
| a market where stocks and bonds are traded | Stock Market |