Module Resources


The purpose of this glossary is to organize resources throughout all modules.

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BUDGETING 1

ASSETS

Things you own of value, even if you still owe money against them.

BUDGET

A spending plan that accounts for your sources of income and all of your monthly annual expenses, as well as your future needs and possibilities.

CASH FLOW

Money flowing in and out.

FIXED EXPENSES

An expense that does not change.

GOALS

Personal objectives you set for how you’ll save your money.

GROSS PAY

An individual’s total earnings throughout a given period before any deductions, like taxes or benefits, are made.

INCOME

Money received or earned, especially on a regular basis, for work or through investments.

LIABILITIES

The debts and other financial obligations of a person; the opposite of assets.

MICROSOFT.COM


MICROSOFT.COM website
Microsoft Excel is part of Office and students can obtain it for free.

MINT.COM


MINT.COM website
Mint brings together all of your money into one place, provides budgeting tools, and makes your credit score available.

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