1st mastery

• Expenditures "amount" of money spent on family needs and wants
• Contingency a future event which is possible to happen and depends on other occurences
• Investment item that is purchased with the hope that it will earn income
• Lifestyle refers to the way of living of an individual
• Accumulate gather together or acquire amount after all the investments or jobs have been done
• income combine money earned by the parents and any working family members