| A | B |
|---|
| Budget | An itemized summary of probable expenditures and income for a given period. |
| Deficit | The amount by which expenditures exceed income. |
| Expenditure | An amount of money spent. |
| Fixed Expense | An unchanging expenditure. |
| Flexible Expense | An expenditure that varies. |
| Income | Money received. |
| Savings | Money that is not spent. |
| Surplus | An amount of money remaining after all expenses have been met. |
| Take-home Pay | Money received after all adjustments and deductions are made. |
| Unexpected Expense | An unforseen cost. |
