| 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 |