Personal Finance

Front

money earned is called

Back

income

Front

What is income?

Back

money that you earn

Front

A card that uses money directly from your bank account

Back

Debit Card

Front

Interest is the additional charge you get for borrowing money

Back

True

Front

Which best describes an investor’s primary goal?

Back

to earn a profit

Front

What is a budget?

Back

A plan for managing income and expenses.

Front

What is savings?

Back

Money that is set aside for future use.

Front

What is a credit card?

Back

A card that allows you to borrow money up to a certain limit.

Front

What does it mean to invest?

Back

To allocate money in order to earn a profit.

Front

What is an expense?

Back

Money spent on goods and services.