Personal Finance Vocabulary

What is a budget?

• A plan for how money will not be used

• A plan for how money will be used

• The amount you spend

• The amount you save

What is this called?

• A Check

• A credit card

• A debit card

• Money Order

Which of the following cards is linked to your bank account?

• Debit

• State ID

• Credit

• Library

When you use credit, you will always PAY BACK MORE than you borrow. What do you call the additional money that you will owe?

• Payback

• Extra Owed

• Interest

• Paywall

Money you put into your account

• Deposit

• Balance

• Income

• Expense

A sum of money deducted FROM your account

• Credit

• Deposit

• Asset

• Debit

The amount of money you have in your bank account

• Balance

• Deposit

• Income

• Credit

budget

•  financial plan of revenue and expendtitures
• total amount of money owed
• the dollars that become available for investors to use when others save
• persons or institutions to whom money is owed

Card that allows you to buy goods & services that you will pay for later

• Debit Card

• Expense

• Checking Account

• Credit Card

A document from your bank that details all of your monthly transactions

• Expense

• Budget

• Checking Account

• Bank Statement