Module 5: Money Management - Keeping More Money in Your Pocket

How much money is in your wallet right now? Do you have a savings account or a checking account? How much is in those accounts? How much do you spend every week? Do you own anything of value? The answers to these questions are very important when you are trying to decide what you want to do and where you want to be in the future. In this module, you will learn how to determine your financial worth, how to set goals, and how to manage your money so that you can meet your life goals.

Pre-Assessment:

Money Management Survey InteractivityTake the survey below to begin your exploration of money management. Drag your answer into the space below each question.

 

 

 


Key Vocabulary:

To view the definitions for these key vocabulary terms, visit the course glossary.

Anticipated Expense Discretionary Spending Pay Yourself First (P.Y.F.)
Anticipated Income Disposable Income Personal Property Inventory
Appreciation Expenses Personal Wealth
Asset Fixed Costs Short-Term Financial Goal
Budget Goal Unanticipated Expense
Cash Flow Income Unanticipated Income
Collateral Liabilities Values
Collectibles Long-Term Financial Goal Variable Costs
Depreciation Luxury Goods  
Direct Deposit Net Worth