| A | B |
|---|
| Personal Finacial Planning | spending, saving and investing your money |
| Goals | Things you would like to achieve |
| values | things important to you |
| opprotunity cost | a way of trade |
| liquidity | easy way to get cash; ATM |
| service | manicure |
| goods | Fan Gear |
| economics | People distribute money |
| Federal Reserve System | Banking organization in the USA |
| inflation | when goods increase in price |
| consumer | uses goods or services |
| interest | price paid |
| principle | original amount of money |
| Future value | amount of original deposit...in the future |
| annuity | series of equal regular deposits |
| present value | amount of money deposited now to have a reasonable amount in the future |
| demand | amount of supplies most needed or bought |
| supply | amount of things sold |
| Short-Term Goals | take less than a year to achieve |
| Long-Term Goals | akes more than a few years to achieve |
