 | Glossary
(See related pages)
| budget plan: | A financial tool that enables you to plan for income, spending, and saving over a set period of time, usually a month. (p. 20)
| | | | | discretionary spending: | Money you spend beyond your basic living expenses each month. (p. 12)
| | | | | manager: | A person who controls and manipulates resources and expenditures, as of a household. (p. 11)
| | | | | opportunity cost: | The value of not doing or buying something and instead choosing something else. (p. 4)
| | | | | perspective: | The ability to accurately judge a situation or idea and its relative importance. (p. 4)
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