Personal Finance Vocabulary

Another person gives you money that you will then need to pay back

• purchase

• borrow

• buy

• spend

Tags

CCSS.L.5.5C

To obtain by paying money for an item or for a service

• Lend

• Borrow

• Purchase

• Save

Tags

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.5.6

CCSS.L.6.2B

CCSS.L.6.6

a card issued by a bank that uses money from your bank account immediately

• Debit Card

• Savings Card

• Credit card

• Check

The work a person does

• Tax

• Salary

• Labor

• Budget

Tags

CCSS.L.1.5A

CCSS.L.1.5B

CCSS.L.K.5A

Money earned from working or performing a service

• Tax

• Labor

• Check

• Salary/Income

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

A card issued by a bank and the bank charges interest for you to use the card

• Credit Card

• Check

• Bond

• Debit Card

A written paper order asking a bank to pay a certain amount from your bank account

• Credit Card

• Debit Card

• Check

• Payroll Tax

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

A balance between money earned and money spent

• Budget

• Check

• Debit Card

• Net Income

Tags

CCSS.7.RP.A.3

Money paid to the National Government

• Sales Tax

• Payroll Tax

• Property Tax

• Income Tax

Taxes charged on vehicles, land, houses, boats, motorcycles, or motor homes

• Payroll Tax

• Property Tax

• Income Tax

• Sales Tax