
MY FINANCE DICTIONARY
Basic Concepts

Bütçe
It's about planning a balanced budget for income and expenses; for example, dividing allowance into weekly installments to ensure it lasts until the end of the month.

Gelir
Money is money earned through work or other means; examples include salary, scholarship, or allowance.

Gider
It is money spent; such as grocery shopping, paying bills, or travel expenses.

Tasarruf:
It means cutting expenses and saving money; this can be explained with a simple example, such as saving 50 TL every month.

Capital
It is the initial source of funding used for production or investment; the first money needed to start a business.

Risk
It is the possibility that an investment may yield a different result than expected; for example, when buying a stock, the price may fall.

Return
It is the profit generated from the investment; investing 100 TL and receiving 110 TL back is an example of this.

Advance
It is the portion of a payment or salary given before its normal due date; such as a salary advance or a cash advance from a credit card.