Earning Spending & Purchasing
Receiving money in return for labour or services
Earning
Physical money (bills and coins)
Cash
Receiving money now and paying it back later, usually with interest.
Borrowing
Paying for goods or services
Spending
Money is taken directly from your bank account.
Debit Card
Money that has been borrowed and must be paid back.
Debt
Money earned from work or received from other sources
Income
Send or receive money using online banking and an email or phone number.
E-Transfer
Access to borrowed money that must be repaid, plus possible costs.
Cedit
Money spent on goods, services, activities, or other costs
Expense
Borrow money to make a purchase and pay it back later. Interest may apply.
Credit Card
The cost of borrowing money or money earned from an investment.
Interest
A way to pay for goods and services
Method of Payment
Digital wallet that stores payment cards connected to your bank account.
Electronic Wallet