Money left over after expenditures are set aside for rupture
Process of putting money aside to increase the wealth for long-term goals
Interest earned on the principal amount/ Any interest already earned
A person who is the in between for buyers and sellers of stocks and bonds
A list of assest and investments
Advantages of a Saving plan
One example of an investing plan
T/F - Its essential to understand the power of compounding and the importance of starting late in implementing a saving and investing plan
A disadvantage of an investment plan
Distribution of profits by a corporation to its shareholders
T/F - It's essential to consider years till retirement when deciding on savings and to invest
What do savings help people with?
T/F - Spending is essential when it comes to personal finances
Within the next couple of years is a
A cost that does not change
Example of fixed expense
Expenses that vary every month
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