| A | B |
|---|
| personal financial planning | the way you spend, save, and invest your money to have the kind of life you want as well as financial security |
| goals | things that you want to accomplish |
| values | beliefs and principles that a person considers important, correct, and desirable |
| liquidity | ability to easily convert financial resources into cash without loss of value |
| service | a task that a person or a machine performs for you |
| good | a physical item that is produced and can be weighed or measured |
| consumer | a person who purchases and uses goods or services |
| interest | the price that is paid for the use of another's money |
| time value of money | increase in an amount of money as a result of interest or dividends earned |
| principal | amount of money deposited and on which interest is paid |
| future value | the amount that your original deposit will be worth in the future based on a specific interest rate over a specific period of time |
| annuity | a series of equal regular deposits |
| present value | amount of money you need to deposit now to attain a desired amount in the future |
| estimate | to make an approximate calculation of something |
| consume | use up |
| weigh | to consider |
| accumulate | to collect |
