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