A plan that a person comes up with after subtracting there expenses that allows them to determine their ability to purchase items.
What is a budget?
100
A tool issued that allows you to make purchases within your credit limit
What is a credit card?
100
An electronic machine that performs basic banking functions such as withdrawing cash.
What is an ATM?
200
A government agency within the United States Department of the Treasury that designs and produces paper currency for the Federal Reserve.
What is The Bureau of Engraving and Printing?
200
Something that you buy or own but you do not need for your survival.
What is a want.
200
The percentage that is charged for the money that is
borrowed, usually set at a yearly rate.
What is interest rate?
200
The amount of money that one has left after all the
necessary expenses have been taken care off and one has
chosen to safeguard or keep.
What is savings?
300
A place where you can deposit money and keep it safe, borrow money, and invest money.
What is a bank?
300
An item on your budget that remains the same every month, such as the cost of rent or a house payment.
What is a fixed expense?
300
When a person receives something but is expected to pay it
back. When the person borrows from the bank, she will be
returning the same amount plus interest. Generally speaking
of money.
What is to borrow?
300
An order written on a specified and approved paper to a banker to release funds to pay for a debt or purchase.
What is a check?
400
A specific currency issued by each country that people exchange for goods or services?
What is money?
400
Doings chores for mom or dad, running errands, babysitting, cleaning house, mowing the lawn
What is a way to earn money?
400
Taken by a person or individual with the purpose of obtaining goods or services. The money borrowed will be repaid with
an additional fee and within a specified period of time.
What is a loan?
400
It looks like a credit card but it acts like a check. The money is automatically deducted from your account and there is no monthly interest to pay.
What is a debit card?
500
Something that you purchase in order to survive. Such as food, housing, and transportation.
What is a need?
500
An item on your budget that changes every month, such as expenses for movies of entertainment.
What is a variable expense?
500
A crime that occurs when someone uses your personal information without your permission to commit fraud or other
crimes.
What is identity theft?
500
To write a check for more than the balance that is in the
account.