A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related MoneyPedia terms
- Found MoneyUnexpected small amounts you can redirect to savings, like a rebate, cash-back reward, or a forgotten refund.
- Conscious SpendingDeliberately directing money toward what you value most while cutting back guilt-free on things that matter less to you.
- Discretionary SpendingMoney spent on nonessential things you want but could go without, like dining out, hobbies, or entertainment.
- Credit ScoreA number that sums up how you've handled borrowing, shaping the rates you're offered.
- Spending PlanA forward-looking plan for where each dollar of income will go before you spend it, covering bills, saving, and everyday costs.
- WindfallA sudden, often one-time sum of money, such as a bonus, gift, or refund, that was not part of your regular income.
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Plain-English education — not personalized legal, tax, or investment advice.