21 matching 10 points match each definition to word. the price at which a property could be sold documents…

21 matching 10 points match each definition to word. the price at which a property could be sold documents that provide information about your current financial position and present a summary of your income and spending a small, secure storage compartment that can be rented in a bank a situation that occurs if a person spends more than he or she receives the debts that you owe the difference between the amount you own and the debts you owe the method of planning how to get the most from your money the money left over after essentials are paid for cash and items that can be quickly converted to cash extra money that can be spent or saved 22 essay 0 points which savings plan in the chapter best fits your needs? explain your answer.

21 matching 10 points match each definition to word. the price at which a property could be sold documents that provide information about your current financial position and present a summary of your income and spending a small, secure storage compartment that can be rented in a bank a situation that occurs if a person spends more than he or she receives the debts that you owe the difference between the amount you own and the debts you owe the method of planning how to get the most from your money the money left over after essentials are paid for cash and items that can be quickly converted to cash extra money that can be spent or saved 22 essay 0 points which savings plan in the chapter best fits your needs? explain your answer.

Answer

Brief Explanations:

  1. the price at which a property could be sold: Market - value of property.
  2. documents that provide information about your current financial position and present a summary of your income and spending: Financial statements.
  3. a small, secure storage compartment that can be rented in a bank: Safety - deposit box.
  4. a situation that occurs if a person spends more than he or she receives: Deficit.
  5. the debts that you owe: Liabilities.
  6. the difference between the amount you own and the debts you owe: Net worth.
  7. the method of planning how to get the most from your money: Financial planning.
  8. the money left over after essentials are paid for: Disposable income.
  9. cash and items that can be quickly converted to cash: Liquid assets.
  10. extra money that can be spent or saved: Discretionary income.

Answer:

  1. Market - value of property
  2. Financial statements
  3. Safety - deposit box
  4. Deficit
  5. Liabilities
  6. Net worth
  7. Financial planning
  8. Disposable income
  9. Liquid assets
  10. Discretionary income