A | B |
PFP | Personal Financial Planning |
Personal Financial Planning | Using your money in a smart |
Goals | Something you want to accomplish |
Values | what you think is right or wrong |
opportunity cosy | a trade-off |
liquidity | how easily you can conbert something into money |
short-term goals | goals that take a year or less to achieve |
intermediate goals | goals that take 2 to 5 years to achieve |
long-term goals | goals that take more than five years to achieve |
service | a task that is performed for you |
good | a physical item that you can buy |
economics | the study of how people make money |
economy | how people make money |
supply | the amount of goods or services available |
demand | the amount of services or goods that are needed |
federal reserve system | the central banking organization of the united states |
inflation | the rate at which prices rise |
consumer | a person who purchases services or goods |
interest | the price to pay for borrowing another person's money |
unemployment | the number of people without jobs who are willing to work |