Understanding Basic Budgeting Terms
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Read each definition, and select the vocabulary term that matches.
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Topics of this game:
- Refers to money spent on non-necessities or "wants"
- A written plan for your money.
- Set amounts you must pay at a specific due date.
- Having the self-control to postpone satisfaction to reach a bigger goal.
- Expenses that change in amount each month.
- Your income after taxes have been taken out.
- Receiving an immediate sense of reward.
- Money dedicated to covering unexpected expenses.
- Ranking needs and wants in order of importance.
- Unplanned, spontaneous purchases sometimes triggered by emotions.
