What is Money?
The main purpose of money is to make this easier between people.
What is buying, selling, or trading goods and services?
This term means how a person manages their money.
What is personal finance?
A spending plan is also called this.
What is a budget?
Saving money is important because it helps you prepare for this.
What are emergencies or future expenses?
Checking and savings are two types of these.
What are bank accounts?
Money is called this because it can be traded for goods and services.
What is a medium of exchange?
Budgeting, saving, and spending are all parts of this.
What is personal finance?
Needs, wants, and savings are the three main parts of this.
What is a budget?
Interest is best described as this.
What is money earned on saved or invested money?
Investing is different from saving because investing involves this.
What is risk or potential loss for higher returns?
These are the three main functions of money.
What are save, spend, and give?
Learning about personal finance now helps you prepare for this later.
What is your future?
Food and school supplies fall into this budget category.
What are needs?
Saving $100 at 2% interest earns this amount after one year.
What is $2?
This word describes the chance of losing money when investing.
What is risk?
Cash, debit cards, and mobile payments are examples of these.
What are forms of money?
Gross income is different from net income because net income is this.
What is income after taxes and deductions?
Video games and candy fall into this budget category.
What are wants?
Starting to save early helps your money do this over time.
What is grow or compound?
Using strong passwords and checking statements are examples of this.
What is online or financial safety?
This system connects lenders and borrowers to help reduce risk.
What is the financial system?
Tracking your income helps you do this with your money.
What is managing or planning your money?
Keeping receipts helps you do this if there is a problem.
What is return or exchange items?
A SMART goal is one that is specific, measurable, achievable, relevant, and this.
What is time-bound?
This is what you should do if something looks wrong in your bank account.
What is contact the bank immediately?