Budget VOcab

When you put money into your account.

• Withdrawal

• Deposit

• Checking Account

• Balance

A plan for how we spend and save our money.

• Budget

• Bank Account

• Income

• Expense

Money we bring in (ex: paycheck, allowance)

• Expense

• Budget

• Income

• Savings Account

Money we spend (ex: clohes, rent, utilities, food)

• Money

• Expenses

• Budget

• Income

A bank account that we can write checks from and use a debit card.

• Savings Account

• Income

• Checking Account

• Budget

A bank account to save money.

• Checking Account

• Budget

• Withdrawal

• Savings account

A good budget means we spend LESS that we earned.

• True

• False

When we take money out f a savings of checking account.

• Deposit

• WIthdrawal

• Budget

• Income

You got your paycheck from work. Is that income or an expense?

• Income

• Expense

Writing a check to pay a bill is a ____________.

• Deposit

• Withdrawal