Budgeting Vocabulary

________ is an amount of money spent to buy goods and services for yourself or business

• Debt
• overdraft
• needs
• expense

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

_____ is something owed to another-- an obligation to pay

• income
• debt
• goal
• money

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

A safe place that holds your money for when you need it

• checkbook
• budget
• bank
• deposit

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Things necessary to live

• wants
• goals
• needs
• money

Tags

CCSS.L.1.5A

CCSS.L.1.5B

CCSS.L.K.5A

Money earned through employment and investments

• budget
• expense
• income
• debt

when you take money out of your bank account

• deposit
• balance
• withdrawal
• checkbook

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Occurs when you spend more money than you actually have

• withdrawal
• income
• overdraft
• goal

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

when you put money in the bank you are making a 

• withdrawal
• debt
• deposit
• income

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Things you would like to have are called

• needs
• expenses
• wants
• budgets

Tags

CCSS.L.1.5A

CCSS.L.1.5B

CCSS.L.K.5A

The amount of money you have available in your account to spend

• deposit
• debt
• balance
• withdrawal

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4