Finance Basics:

Assets = Things that make money

Liabilities= Things that cost money

Net worth = Difference between what you own and owe

Stock = Ownership in a company

Index Fund/ ETF = A group of stocks

Dividends = Profits shared with investors

Bond = A loan to a business or government

Portfolio = Investments you own

Budget = Tracks your income/expenses

Credit = Money borrowed

Credit score = Represents the ability to repay debt