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Financial literacy

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  • A plan for spending and saving money based on a person’s goals during a given time period.
    Budget
  • The amount of goods and services available for sale.
    Supply
  • The part of a person's income that is not spent.
    Savings
  • A fixed amount of money paid to an employee for each pay period.
    Wage
  • An arrangement to receive cash, goods, or services now and pay for them in the future.
    Credit
  • One who organizes, manages, and assumes the risks of a business or enterprise.
    Entrepreneur
  • The entire amount of money a person owes to lenders.
    Debt
  • Any items of value that people own, including cash, property, personal possessions, and investments.
    Asset
  • The amount of goods and services people are willing to buy.
    Demand
  • The amount paid for the use of borrowed money.
    Interest