Build A Budget Vocabulary Cards

Front

Income

Back

money earned

Front

cost

Back

amount you must pay to get something

Front

labor

Back

work

Front

human capital

Back

the knowledge, skills, and abilities of a person or group of people

Front

credit

Back

money that a bank or institution allows a person to use

must be paid back to the bank with interest

Front

borrow

Back

to get money or other goods that will have to be returned from a bank or person

Front

lend

Back

to give money or other goods expecting it to be returned

Front

interest

Back

a charge that is paid to a lender in return for borrowing money

Front

saving

Back

keeping money so it can be used later

Front

spending

Back

using money in exchange for goods or services