Finance Vocabulary

To put money into a bank account.

• withdrawal

• deposit

• savings

• cost

Something you like to have such as toys.

• borrow

• saving

• needs

• wants

To take money out of the bank to use.

• sabing

• deposit

• cost

• withdrawal

Something you have to have such as food or water.

• savings

• needs

• wants

• borrow

Something you make to help you spend or save money wisely

• finance

• budget

• withdrawal

• wants

Money a person receives, such as a paycheck from a job or a gift.

• Income

• Gross Income

• Net Income

• Spending

The amount of money from the paycheck after taxes have been taken out.

• Net Income

• Gross Income

• Income

• Spending

When money is put into an account.

• deposit

• spending

• balance

• withdraw

When money is taken out of an account

• balance

• withdrawal

• sharing

• saving

Expenses that do not occur on a regular basis

• variable expenses

• fixed expenses

• financial institutions

• banks