Personal Finance

Front

Complete record of your borrowing and repayment performance is called

Back

Credit history

Front

What is a budget?

Back

A plan for how money will be used

Front

What is the difference between income and expense (expenditures)?

Back

An income is money that is received; an expenditure is money that is spent

Front

A card that uses money directly from your bank account is a

Back

Debit Card

Front

Hourly rate that you get paid is called

Back

Wage

Front

Annual pay regardless of hours worked

Back

salary

Front

Interest

Back

payment made for the use of borrowed money

Front

What is this? Options: a credit card, a budget, a cheque, a check

Back

a cheque

Front

An example of a fixed expense is...

Back

Rent and Car Payments

Front

Items of monetary value a person or household owns are

Back

asset