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Weekly Quiz 6
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Question 1 of 1
1. Question
Drag the correct word or phrase to the right-hand column next to its definition.
Sort elements
- Budget
- Opportunity cost
- Asset
- Credit counseling
- Long-term goal
- Time value of money
- Variable expenses
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An organized plan whereby you match your expected income to your expected expenses
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The loss of potential gain from other alternatives when a decision is made
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Property that can be used to repay debt, such as stocks and bonds or a car
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Non-profit service to consumers who need help reducing debt, improving credit scores, creating a budget, negotiating with creditors, and avoiding bankruptcy
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A goal that requires time and planning, and is usually accomplished in 12 months or more
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Money available now is worth more than the same amount of money in the future due to its potential earning capacity
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Costs that change month to month
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