Mucho Dinero
When money is owed to another person.
What is debt?
This classmate loves bowling and drawing pictures
Matthew
The money a person makes from their job.
(Interest, Dividends, Child Support, Alimony, and Gifts are examples of this.)
What is income?
The money you keep safe, without spending it.
Savings
This classmate is good at math and likes gardening and cooking
Jesse
Another name for 'Financial Institution'.
Bank or Credit Union
This classmate is a history buff and collects sports jerseys
Steven
Money a person must pay if they borrow money.
What is interest?
A safer place (than under your mattress or in a jar) to keep your money.
Bank
This classmate loves watching old TV shows and wants to work in childcare
Daniel
The ability to borrow money. Takes place between a borrower and a lender.
What is credit?
These classmates plan to marry each other
Maria and Connor
Money a business needs to spend to operate.
What is expenses?
A drawing of random numbers that must match a ticket to win prize money
Lottery
This double-jointed classmate wants to work in childcare
Jaylen
When you put money into your bank account.
What is a deposit?
This classmate gets paid to play video games
Jeremy
Money taken by the government from an individuals work earnings.
What is income tax?
My rich uncle died and left me a(n).....
Inheritance (All his money!!!)
These three classmates have six pets
Jeremy, Emalee, Gracie
A person who is taking money from another person and is planning to give it back later.
What is a borrower?
These seven classmates have paying jobs.
Jeremy, Emalee, Gracie, Mary, Maria, Connor, Cameron
When you take money out of your bank account.
What is a withdrawal?
A plan for earning and spending over a period of time.
What is a budget?
Three different ways to think about your expenses
Needs, Wants, Obligations