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Lenio CFM- Lesson 3- Budgeting & Saving

AB
BudgetAn itemized summary of probable expenditures and income for a given period.
DeficitThe amount by which expenditures exceed income.
ExpenditureAn amount of money spent.
Fixed expenseAn unchanging expenditure.
Flexible expenseAn expenditure that varies.
IncomeMoney received.
SavingsMoney that is not spent.
SurplusAn amount of money remaining after all expenses have been met.
Take-home payMoney received after all adjustments and deductions are made.
Unexpected expenseAn unforeseen cost.


Business Classes
Deer Park High School
Deer Park, NY

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