Money
Money you earn
What is income?
What is a deposit?
Keep track of money earned and spent you use this.
What is a budget?
Something you save for
What is a financial goal?
A personal loan usually from a friend or parent
What is an IOU?
What is a withdrawal?
Two things that are in every budget.
What is income and expense?
Looks like a credit card but takes the money out of your checking account.
What is a debit card.
Check prices at different stores to find the best prices.
What is the best way to save money?
The money that a bank pays you each month for keeping money in your savings account.
What is interest?
What is debt?
A card that allows you to buy with a promise to pay later.
What is a credit card?
Deductions out of your paycheck pay these items.
What is Federal and State Income Tax?
An account where you store money and earn interest.
What is a savings account?
A sum of money to be used for a particular purpose.
What is a budget?
A fee charged by the bank when you spend more than you have in your checking account.
What is an overdraft fee?
A percentage charged on total of a purchase.
What is sales tax?
An account at the bank where you deposit money and write checks to spend it.
What is a checking account?
When you spend more out of your checking account than you have.
What is an overdraft?
A document from your bank that lists all deposits and withdrawals in your checking account for the month.
What is a statment?