Follow the Money Flashcard

Front

What are "expenses"?

Back

Things or services that you pay for.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Front

What does "issue" mean in this context?

Back

To give something out.

Tags

CCSS.L.5.5C

Front

What is "profit"?

Back

The money you have after selling a product and subtracting what you spent to make it.

Tags

CCSS.7.EE.B.3

Front

What does "rely" mean?

Back

To depend on someone or something.

Tags

CCSS.L.6.2B

CCSS.L.6.6

CCSS.L.7.2B

CCSS.L.8.2C

CCSS.L.9-10.1.C

Front

What is "income"?

Back

The money a person earns from working.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Front

What is a "financial plan"?

Back

A strategy for managing income and expenses.

Front

What does "budget" mean?

Back

A plan for how to spend money.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Front

What is a "transaction"?

Back

An exchange of goods or services for money.

Tags

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Front

What does "savings" refer to?

Back

Money that is set aside for future use.

Tags

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Front

What is "debt"?

Back

Money that is owed to someone else.

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C