Personal Finance Academic Vocabulary

Trading money in exchange for goods or services.

• spending

• investing

• interest

• budget

Tags

CCSS.6.RP.A.3B

A small plastic card issued by a bank, allowing a person to purchase good or services on credit.

• credit card

• income

• debit card

• budget

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Financial obligations, such as bills.

• expenses

• interest

• saving

• credit

Money that is set aside for later use, often for a large purchase or an emergency.

• saving

• debt

• income

• credt

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Buy something now and paying for it (plus interest) later.

• credit

• income

• personal finance

• debit card

Putting money to use in something that offers potentially profitable returns.

• investing

• income

• budget

• credit

A fee paid for the use of borrowing money. The cost of borrowing money.

• interest

• spending

• credit

• debt

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Money that you earn from working or gain from investments.

• income

• expenses

• spending

• debt

Tags

CCSS.L.4.6

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.W.4.2D

CCSS.W.5.2D

A plastic card from a bank. Money for the purchase is immediately transferred from your account to the seller.

• debit card

• credit card

• personal finance

• debt

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

How you manage your money.

• personal finance

• investing

• spending

• income