Money Basics
Budgeting & Spending
Banking & Savings
Credit, Debt & Future Wealth
100

This is money you receive for work, gifts, or allowance?

What Is Income

100

A plan for how you will spend and save your money?

What Is A Budget

100

A safe place to keep your money instead of cash?

What Is A Bank

100

Borrowed money that must be paid back?

What Is Debt

200

This is what you do when you set money aside for later?

What Is Saving

200

These are things you need, like food and housing?

What are needs

200

A bank account used for everyday spending?

What Is a Checking account

200

A card that allows you to borrow money from a bank?

What Is A Credit Card

300

This is money you regularly receive from a job?

What Is A Paycheck

300

These are things you want but don't need?

What Are Wants

300

A bank account that earns interest?

What Is A Savings Account

300

Paying bills on time helps build this?

What Is Credit History or Credit Score

400

This word means the total amount of money you before spending anything?

What Is Gross Income

400

This happens when you send more money than you earn?

What Is Overspending

400

This is money the bank pays you for keeping your money there?

What Is Interest?

400

This is extra money you pay when you borrow

What Is Interest

500

This is the difference between money coming in and money going out?

What Is Cash Flow

500

This budgeting rule suggests saving 20% of your income?

What Is The 50/30/20 Rule

500

This type of card lets you spend money you aleady have?

What Is A Debit Card

500

This long-term strategy helps your money grow over time?

What Is Investing