| A | B |
|---|
| Financial Management | Taking care of your money so that you have enough to meet your needs and wants now and in the future |
| Budget | A plan for how much money you have and how you will spend it |
| Income | How much money you receive, or earn, over a period of time |
| Expenses | What you spend your money on |
| Fixed Expenses | Payment that repeats on a regular basis and is always the same amount |
| Flexible Expenses | Payment may differ from month-to-month or week-to-week |
| Savings | The amount of money you put aside to purchase things in the future |
| Financial | Money |
