When there is not enough income to pay all expenses.
________Expenses that stay the same each month._______ the regular bills that you must pay every week, month, or year. Credit card bills, phone and utility bills, rent, insurance
______is—a plan for spending money.An estimate (usually by category) of expected income and expenses for a given period of time.
whatever must be given up to obtain some item
is the money you have left over after paying for the essentials, such as food, clothing, utilities, insurance, and shelter.
Expenses that change from month to month, grocery bills, sick pet, a broken tooth, a flat tire, or a ruined pair of shoes—
Money that remains after expenses are paid.
_______is the money you earn. Most people receive ____from working at a job; this is known as earned _______
________are the things on which you spend money, such as food, clothing, rent, and transportation.Amounts paid for goods or services
Pay Yourself First - Whenever you receive money, you should immediately put a certain amount of it into some sort of savings account.
another name for an house payment is called _______
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