Budgeting Vocabulary

A monthly or yearly spending and saving plan

• Budget

• Net Income

• Register

Tags

CCSS.7.NS.A.1C

To reconcile your budget

• Balancing a budget

• Register

• Income

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Money earned or received

• Income

• Expense

• Register

Tags

CCSS.6.NS.C.5

The total amount of personal income prior to taxes and deductions

• Gross income

• Transaction

• Expense

Tags

CCSS.6.RP.A.3B

The income that remains after taxes and other deductions

• Net income

• Expenses

• Register

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Payment for goods and services

• Expense

• Income

• Taxes

Tags

CCSS.6.NS.B.3

The amount of money available in a bank account

• Available balance

• Register

• Financial records

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

A small table used to track deposits, expenses, and current available balance

• Register

• Income

• Gross Income

Tags

CCSS.6.NS.C.7C

A formal record of transactions

• Financial Records

• Net Income

• Available Balance

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4