A | B |
short-term goal | achieved in short amount of time |
long-term goal | achieved in a longer amount of time |
want | something you would like to have but can live without it |
need | something you cannot live without |
opportunity cost | cost we pay when we give up something to get something else |
financial lliteracy | knowledge and skills to manage money |
financial institution | a place, like a bank, that hellps members manage their money |
financial advisor | person who is expert at handling money |
inflation | price of goods and services rises over time |
decision-making | considering different information to make a choice |
privacy | keeping important information to yourself |