1. Personal Finance

2. What is Personal Finance? Personal finance is the application of the principles of finance to the monetary decisions of an individual or family unit..... Personal finance is the process of effectively managing assets in the possession of an individual or a family.

3. Personal Finance Diary Place the title and your name on the cover. Decorate as you wish. Each page gets a title. Titles are: – Income – Spending and Saving – Credit and Debt – Jobs vs Careers – Investing – Banking

4. Vocabulary 1.Income 2.Spending 3.Saving 4.Debt 5.Credit (credit cards) 6.Job 7.Career 8.Banking 9.Investing

5. Income Money received, esp. on a regular basis, for work or through investments revenue - earnings - proceeds - profit - yield - gainings

6. Spending Pay out (money) in buying or hiring goods or services: "they spent $100,000 on hardware and software".

7. An economy of or reduction in money, time, or another resource. income not spent, or deferred consumption rescue - salvation - economy - thrift Saving

8. Debt Something, typically money, that is owed or due The state of owing money obligation - indebtedness - debit - liability - loan

9. Credit (credit cards) The ability to obtain goods or services before payment, based on the trust that payment will be made in the future. trust - faith - credence - honour - honor - belief

10. A paid position of regular employment. Do casual or occasional work. work - occupation - employment - business - position Job

11. Career An occupation undertaken for a significant period of a person's life and with opportunities for progress. profession - occupation

12. Banking The business conducted or services offered by a bank.

13. Investing Expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property. To commit (money or capital) in order to gain a financial return