| A | B |
|---|
| assets | Things you own which have value. |
| balance sheet | A statement or report listing your assets, liabilities, and net worth. |
| brand name items | Well-known products which often sell at a premium price. |
| cash expenses | Monthly amounts of cash that you pay out. |
| cash flow statement | A statement or report listing your cash income, cash expenses, and your cash savings or deficit. |
| cash income | Monthly amounts of cash that comes in to you. |
| coupons | Paper certificates entitling you to a discount off of the regular price of an item. |
| deficit | A negative cash flow, in which monthly cash income is less than monthly cash expenses |
| financial status | Your current financial position or situation |
| financial success | A favorable financial success, which can be defined somewhat differently by different people |
| fixed expenses | Cash expenses that stay relativley stable from month to month |
| generic items | Lesser know products, which mimic brand name items and which often sell at discount prices |
| liabilities | Amounts you owe to others |
| net worth | Your total assets minus your total liabilites |
| savings | A positive cash flow in which monthly cash income is more than monthly cash expenses |
| value | The satisfaction you get from a purchase |
| variable expenses | Cash expenses that can change a lot form month to month and are often a matter of choice. |
