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