Debit vs credit
This card deducts money directly from your checking account immediately when you make a purchase.
What is a debit card?
Money we get from working each month
what’s is net monthly income?
In this economic system, decisions about production and prices are determined by supply and demand rather than government control.
What is a market economy?
A financial plan that tracks your income and expenses over a specific period of time to help you manage your money.
What is a budget?
The loss of potential gain from other alternatives when one alternative is chosen (e.g., choosing to buy shoes instead of saving that money).
What is opportunity cost?