| A | B |
|---|
| spent | all the money you receive is either, ___, saved, or invested. |
| financial plan | An orderly porgram for spending, saving, and investing the money you receive |
| disposable income | Money you have to spend as you wish--after all required deductions |
| budget | A(n) is an organized plan whereby you match your expected income with expenses & savings |
| database | A computer program that organizes data for easy search and retrieval |
| warranty | A(n) ___ is a statement about a product's qualities or performance that the seller assures the buyer are true |
| fixed | Expenses that remain constant and cannot be easily changed or removed from a budget |
| variable | Expenses that may change according to needs and sort-term goals |
| co-signer | A(n) ___ is a person who promises to pay a note if the maker fails to pay |
| assets | Items of value that a person owns |
| liabilities | Amounts of money owed to others, also known as debts |
| net worth | When you subtract your debts from the total amount of things you own, the difference is known as __ |
| contract | A legally enforceable agreement between two or mor eparties to do or not to do something |
| implied | Unwritten agreements, often called ___ agreements, are legally enforceable |
| consideration | anthing of value exhcanged as part of a contract |
| competent parties | Persons who are legally able to give sane and intelligent consent and are legally capable of entering into contracts |
| negotiable instrument | Document that is a written order to release or issue money, the most common is check |
| promissory note | Written promise to pay a certain sum of money to another person or to the holder of the note on a specified date |
| maker | The person who creates and signs the promissory note |
