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19 Cards in this Set
- Front
- Back
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Income
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Money that you earn.
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Expenses
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Money that you spend.
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Profit
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Income - Expenses
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Budget
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A plan for spending money.
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CD
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Certificate of Deposit
(A way to make money by gaining interest) |
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Credit Card
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A plastic card that you can use to buy items and pay for them later.
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Debit Card
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A plastic card that you can use to buy items and pay on the date of purchase.
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Deposit
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The amount of money that you put into the bank.
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Withdrawal
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The amount of money that you take out of the bankl
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Interest
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The amount of money you earn when you save it in a bank.
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Mutual Funds
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A collection of stocks. They are not so risky for an investor.
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Savings
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The amount of money you put aside to purchase things in the future.
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Payroll Taxes
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Money that is taken out of your paycheck by the government.
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Investment
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Spending your money on something that gains value over time.
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Retirement
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The time in your life that you no longer have a job and live off of your investments.
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Checking Account
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Banks offer these for their customers to save their money, write checks, offer ATM services, and give loans.
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Short - Term Savings
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Saving money to purchase something within the next couple months.
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Long - Term Savings
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Saving money to purchase something within the next 5 - 10 years.
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Bank Statement
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An itemized list of all deposits and withdrawls for someones checking account.
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