Term
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Definition
| Money that is spenton goods, services, and bills. |
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Term
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Definition
| Making a purchase based on an immediate want or due to the pressure of advertising |
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Term
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Definition
| Plans that take a year or more to accomplish |
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Term
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Definition
| Plans that can be accomplish within three months to a year |
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Term
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Definition
| Goods or services that people cannot survive with out , such as water, food, shelter, and clothing |
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Term
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Definition
| Goods and servicesthat make people comfortable or content but which are not necessary for survival |
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Term
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Definition
| A record of income and spending and a plan for managing money |
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Term
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Definition
| Money available to spend on goods and services that are not essential |
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Term
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Definition
| Transportation, Clothing, Housing, Education, Entertainment |
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Term
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Definition
| Amount of monthly income remaining after all deductions have been taken (sometimes referred to as take-home pay |
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Term
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Definition
| The next best alternative given up when making a finacial choice |
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Term
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Definition
The economic condition of limited resources that prevents people from having everthing they want.
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