Budget Vocabulary (with pictures)

Building where people keep their money

• bank

• needs

• statement

Plan on how to spend and safe money

• bank

• budget

• checking account

money in the bank you can spend using a check

• paycheck

• wants

• checking account

money in the bank your are saving

• bank

• savings account

• needs

letter you get in the mail from the bank telling you how much money you have

• budget

• statement

• allowance

money you earn from a job

• bills

• paycheck

• budget

money you owe to someone else

• bills

• wants

• bank

things you would like to have but could live without

• needs

• wants

• bank

things you need to live

• budget

• wants

• needs

money you hear from your parents for a job

• bills

• allowance

• statement