2. money you have in a bank either in checking (where you can use the money with an ATM card or by writing a check) or savings (where you earn interest) Bank Account

3. money you earn from selling your stocks Capital Gain

4. a plan on how to spend or save your money Budget

5. the inability to borrow money or can borrow money at high interest rates Bad Credit

6. A statement or report listing your assets, liabilities, and net worth Balance Sheet

7. A statement or report listing your cash income, cash expenses, and your cash savings or deficit Cash Flow Statement

8. A favorable financial status, which can be defined somewhat differently by different people Financial Success

9. to borrow money for a short period of time – like a credit card Short term Credit

10. Things you own which have value Assets

11. purchase goods and services to satisfy their economic wants Consumer

12. The satisfaction you get from a purchase Value

13. Monthly amounts of cash that comes in to you Cash Income

14. Cash expenses that stay relatively stable from month to month Fixed Expenses

15. you give money to the corporation or government that issued the bond, and in return, receives repayment of the money with interest over time Bond

16. paying an amount called a premium at regular intervals, with the understanding that if negative events occur, the insurance company will pay certain costs Insurance

17. income you receive from working; paid by the hour Wages

18. the purchases of land or homes by consumers Real Estate

19. spread your ownership of stocks to different ones instead of all in one stock (don’t keep all your eggs in one basket) Diversify

20. a house loan Mortgage

21. the ability to borrow money Credit

22. money earned from your stocks when that business earns a profit Dividend

23. Your current financial position or situation Financial Status

24. the cost of money; you can earn interest from money you have in a savings account or pay interest on loans (car, house, credit card, etc Interest

25. Amounts you owe to others Liability

26. the ability to borrow money at low rates Good Credit

27. money you have to pay before insurance starts to pay Deductable

28. A positive cash flow in which monthly cash income is more than monthly cash expenses Savings or Surplus

29. an investment company that raises money from investors; purchases a range of stocks, bonds and other financial investments; and pays a return to shareholders according to the overall return of the entire fund Mutual Fund

30. actions that give economic benefit, such as a repaired kitchen sink or a package delivered Service

31. money you pay to have insurance is called a Premium

32. a share of ownership in a business Stock

33. Cash expenses that can change a lot from month to month and are often a matter of choice Variable Expense

34. income you receive from working; usually the same every month (not hourly) Salary

35. Your total assets minus your total liabilities Net Worth

36. interest earned on interest Compound Interest

37. A negative cash flow, in which monthly cash income is less than monthly cash expenses Deficit