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21 Cards in this Set

  • Front
  • Back

Account

A place you put your money in

Benefits

An advantage or something that helps you

Budgeting

To plan your money and how much will be used and how much will be saved

Costs

The price paid for a good or service

Credit

Money a person is allowed to borrow from a bank or credit company--- buy now and pay later

Credit card

A card that allows someone to make a purchase on borrowed money

Disconnect

To turn something off because you didn't pay your bill

Deposit

To put money into an account

Fixed expenses

An expense that does not change from month to month

Income

Money you earn from a paycheck

Interest

Money you pay for borrowing money and money you gain for having a bank account

Line of credit

Money that can be borrowed as you need it but must be paid back

Mortages

The amount you pay to buy your home

Payment

The amount of money you send to pay a bill, credit card, ETC.

Personal Investment

Money set aside for future things

Savings

An account you put money in for emergencies

Taxes

Money the government takes from your paycheck to pay for programs

Transaction

To put money in and take it out of your account

Variable expense

An expense that changes from month to month

Withdraw

To take money out of an account

Budget

A plan for your money