| A | B |
|---|
| Personal financial planning | ordering your monetary activities to have financial security |
| Goals | tasks you wish to complete |
| Values | things and beliefs that you feel have importance |
| Opportunity Costs | the consequenses and things you will lack if you make a certain decision |
| Liquidity | the ability to turn things into tangible money without losing any value |
| Service | non-physical things that you pay for |
| Good | physical things of value |
| Economics | the nationwide study of how goods and services are used and provided |
| Economy | the way the nation uses and provides goods and services |
| Supply | the amount of goods that can be purchased |
| Demand | the amount of goods that people would purchase |
| Federal Reserve System | the government agency that controls the flow of money in the US |
| Inflation | the decreasing of a money's value due to the increase in the cost of goods |
| Consumer | someone who buys and uses goods and services |
| Interest | cost of borrowing money |
| Unemployment Rate | the percentage of people in a country that have no job |
| GDP | the total amount of money a country pulls in |
| ATM | Automated-Teller-Machine; allows you to withdraw money from a bank account via a card |
| Income Tax | the money the government deducts from your paycheck to fund the nation |
| Durable | long lasting |
