Budgeting Vocabulary

A monthly or yearly spending and saving plan

• Budget

• Net Income

• Register

Tags

CCSS.7.EE.A.2

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.NS.A.1

CCSS.7.NS.A.3

CCSS.7.RP.A.3

To reconcile your budget

• Balancing a budget

• Register

• Income

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Money earned or received

• Income

• Expense

• Register

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

CCSS.7.RP.A.3

The total amount of personal income prior to taxes and deductions

• Gross income

• Transaction

• Expense

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

The income that remains after taxes and other deductions

• Net income

• Expenses

• Register

Tags

CCSS.7.RP.A.3

Payment for goods and services

• Expense

• Income

• Taxes

Tags

CCSS.7.NS.A.3

CCSS.7.RP.A.3

The amount of money available in a bank account

• Available balance

• Register

• Financial records

Tags

CCSS.7.NS.A.1

CCSS.7.NS.A.3

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

• Register

• Income

• Gross Income

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

A formal record of transactions

• Financial Records

• Net Income

• Available Balance

Tags

CCSS.7.RP.A.1

CCSS.7.RP.A.3