Budgeting

Front

A plan for future spending and saving, weighing estimated income against estimated expenses.

Back

Budget

Front

The amount an employee earns once taxes and other items are deducted from his or her gross pay.

Back

Net Income

Front

The state of owing money to another individual or business, or the amount of money borrowed.

Back

Debt

Front

A strategy for handling one’s finances to ensure the greatest future benefit.

Back

Overdraft Fees

Front

Which is a deposit account held at a financial institution that allows withdrawals and deposits? Options: Checking Account, Savings Account, Expense, Budget

Back

Checking Account

Front

Fees incurred when a customer withdraws more money from an account than what is available in the account.

Back

Overdraft fees

Front

The total amount of money an individual has earned before taxes are taken out.

Back

Gross Income

Front

The money an individual spends regularly for items or services.

Back

Expense

Front

An account where money is kept for future use.

Back

Savings Account

Front

Tax levied by a government directly on personal income.

Back

Income Tax