I use this plastic card to purchase things on credit
Credit Card
An account I can set up at the bank to pay bills and make purchases
Checking Account
This is a plan on how you will save and spend your income and pay for things you need
Budget
This is any money that moves in or out of your account
Transactions
I have a bill for my credit card that is due every...
Month
Putting money into my account is called this
Deposit
This is money you have earned like a salary or wages.
Income
This shows all deposits made, all checks paid, and other debits posted during the period
Bank Statement
Interest
Taking money out of my account is called this
Withdrawal
This is money that you owe to another person or business
Debt
This is a unique string of numbers, letters, and other characters that identify a specific financial account
Account Number
Many credit card companys charge me this every year for having the card
Annual Fee
Debit Card
This is a number created from a scoring model that uses information from your credit history.
Credit Score
These are transactions that have not been processed in or out of your account yet.
Pending Transactions
This is the percentage of interest that I am charged per year
APR (Annual Percental Rate)
These 3 letters stand for the percentage of interest I will earn for having money in my checking or savings account
APY
This is things like bills, that must be paid each month and generally cost the same amount.
Fixed Expenses
This is the amount of money that the account holder can withdraw immediately, this does not include any pending transactions.
Available Balance