Institutions have accepted or given pre-approval for credit transfer.
* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 25 of Sophia’s online courses. Many different colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.
Money Management Vocabulary
an estimate of income and spending for a set period of time.
a comparison of what you earn (income) to what you spend (expenses).
Financial Goals - plans you have for the future. They can be short, medium or long-term.
Income - money that you make or earn.
Expenses - money that you spend or owe (bills, for example).
Balanced Budget - when you have no debt, but you are not saving money either; breaking even.
Wants vs. Needs:
Want - something that you desire, but is not needed to survive.
Need - something that is necessary for survival.
Record-Keeping - a history of financial activities kept in a record or journal.
Money Management/Budgeting Video
Please click here and watch the video about Money Management/Budgeting from econedlink.org.
To do this click "Play" then "Play Video."
After you have finished watching the video, click the "back" button to return to this page.
Please continue to the Quiz below...
Money Management/Budgeting Quiz
Click here to answer some questions about the video you just watched.