[ 2 1 s t c e n t u r y s k i l l s l i b r a r y ]
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INDEX
GLOSSARY
balanced budget (BAL-uhnst BUHJ-it)
a plan where you have enough money for every-
thing you need
deposits (dih-PAH-zutz)
amounts of money put in a bank
expenses (ik-SPENS-ez)
money for a particular job or task
fixed (FIKST)
an amount that does not change
income (IN-kuhm)
the money that a person earns or receives, especially from working
interest (IN-trist)
the amount earned on money kept in a bank
variable (VAHR-ee-uh-bul)
subject to change
budget
creating, 12–17
living on, 18–23
tools, 24–28
what it is, 4–7
donations, 15
emergency fund, 21, 23
expenses, 4–5, 7, 10, 12–13, 19
fixed expenses, 12, 14
fixed income, 12, 13
goals, 14, 16, 22–23, 25
income, 4–5, 10, 12–13
interest, 6
money
where it goes, 8–11
money diary, 10, 11
needs, 8–9
savings, 6, 15, 16, 21–22, 23
variable expenses, 12–13, 14
variable income, 12–13
wants, 9–10
