| A | B |
|---|
| income | allowance, wages, tips |
| budget variance | difference between planned and actual expenses |
| savings | protects against unexpected expenses |
| gross pay | earnings before deductions |
| withholding | tax deductions from earnings |
| budget | a road map for using your money |
| variable expenses | expenses that fluctuate |
| expenditures | another word for expenses |
| liabilities | debts owed by a person (what you owe) |
| net pay | earnings after deductions |
| fixed expenses | regular expenses that don't change |
| assets | money, items and property you own |
