ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Any money you receive such as an allowance or paycheck
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Cash flow
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Fixed expenses
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Income
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Spending plan
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Explanation:
Detailed explanation-1: -Expenses. Any money a person spends or gives away. Finance Charge. The total dollar amount a person pays to use credit.
Detailed explanation-2: -Expenses are what you spend money on. Expenses include: Bills: bills that are the same each month, like rent.
Detailed explanation-3: -Investment-Setting aside money for future income, benefit, or profit to meet long-term goal; using savings to earn a financial return.
Detailed explanation-4: -After you pay all your living expenses, the money left over to save, invest, or spend is your discretionary income.
There is 1 question to complete.