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Electronic records

Manual records

Budget

Variances

Variable expenses

Fixed expenses

Spreadsheet software

Charitable giving

The act of donating money or time to a cause in which you believe.

The differences between planned amounts and actual amounts.

Information recorded in hard-copy format using pen and paper.

Computer program using numbers and formulas to compute amounts and easily change them as needed. e.g. Excel, Google Sheets.

Costs that can go up and down each month

A spending and saving plan based on expected income and expenses.

Costs that do not change each month

Soft-copy formats of your financial information stored on your computer