| A | B |
|---|
| budget | A plan for future spending and saving, weighing estimated income against estimated expenses |
| career objective | The goal of your current career efforts, or a short statement of definition about the position you are |
| cost | The price charged for a good or service. |
| cost-benefit analysis | Analyzing whether the cost of an item is more than, equal to, or less than the benefit that comes |
| cost comparison | Comparing the cost of two or more goods or services in an effort to find the best value. |
| expense | The money an individual spends regularly for items or services. |
| expenditures | The action of spending funds or an amount of money spent. |
| financial plan | A strategy for handling one’s finances to ensure the greatest future benefit. |
| income | Payment received for goods or services, including employment. |
| needs | Items needed in order to live, such as clothing, food and shelter. |
| purchase price | The price paid for an item or service. |
| wants | Items that are desired, but that are not needed to live. |
| purchasing power | The financial ability to buy products and services. |
| savings account | An account where money is kept for future use. |
| emergency fund | Money set aside for emergency expenses, recommended to cover six to nine months worth of living costs. |
