personal finance (Budgeting, checks, taxes, credit, debit)

Flashcard
•
Mathematics
•
8th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a deposit?
Back
Money put into your account.
2.
FLASHCARD QUESTION
Front
What is a withdrawal?
Back
Money taken out of your account.
3.
FLASHCARD QUESTION
Front
What is the term for money saved for future use?
Back
Savings.
4.
FLASHCARD QUESTION
Front
What is a fixed expense?
Back
An expense that does not change, such as rent.
5.
FLASHCARD QUESTION
Front
What is a variable expense?
Back
An expense that can change, such as groceries.
6.
FLASHCARD QUESTION
Front
What is a budget?
Back
A plan for managing income and expenses.
7.
FLASHCARD QUESTION
Front
What is a check?
Back
A written order directing a bank to pay money from an account.
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