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
- Cash FlowThe movement of money into and out of your accounts over time, showing whether more comes in than goes out.
- IncomeAll the money you receive over a period, including wages, side earnings, interest, and other sources you can budget around.
- Recurring ExpensesCharges that repeat on a regular schedule, such as monthly subscriptions or annual memberships, whether you use them or not.
- BudgetA plan for the money you already earn — deciding where each dollar goes before it disappears.
- Net WorthWhat you own minus what you owe — the clearest scorecard of your financial progress.
- Spending PlanA forward-looking plan for where each dollar of income will go before you spend it, covering bills, saving, and everyday costs.
More in Budgeting & Cash Flow
Plain-English education — not personalized legal, tax, or investment advice.