Matching Pairs Personal Finance Mix & MatchOnline version Mix and Match these Personal Finance terms by Nakie Keys 1 When expenses are greater than income 2 An individual’s income earned as salary or wages before taxes and other deductions 3 payment, usually monthly, applied to the balance of a home loan used when purchasing housing 4 A debt or obligation owed to others 5 When income is greater than expenses 6 Everything a person owns with monetary values 7 The portion of current income not spent on consumption 8 Lists and summarizes income and expense transactions that have taken place over a specific period of time, usually a month or year 9 Measure of financial wealth 10 Money spent Gross income Assets Net gain Expense Net loss Income and Expense Statement Savings Mortgage Liability Net Worth