Matching Pairs Matching Game Financial TermsOnline version Financial Terms by VisitMind Games 1 Taxes 2 Budget Surplus 3 Budget Deficit 4 Debt 5 Credit Score 6 Savings 7 Fixed Expenses 8 Budgeting 9 Financial Goals 10 Needs vs. Wants 11 Variable Expenses 12 Financial Responsibility 13 Income A prediction of how likely you are to pay a loan back on time (based on your credit reports) Money received through work, investments, allowances, or scholarships A sum of money that is owed Expenses that remain constant from month to month (rent, insurance, etc) Setting objectives for short and long term financial achievements The process of managing money in a productive way Having more expenses than income = negative cash flow Having more income than expenses = positive cash flow Expenses that change from month to month (grocery bill, travel costs, appointments, etc) A compulsory contribution to state revenue levied by the government The action of setting aside money for future needs, possible emergencies, or financial goals Creating a plan to manage your income and expenses Differentiating essential expenses versus discretionary expenses
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