Issue 4 Words to know

What do you spend most of your money on?

• 
• 
• 
• 

Match the following

• financial

• extra money paid for borrowing

• balance

• without enough money

• bankrupt

• remaining money that is still owed

• fee

• relating to money

• interest

• money charged for service

If you make a late payment to your credit card, banks will charge you a ​ (a)   .

• fee
• interest
• balance
• income
• debt

an agreement that allows you to buy now and pay later: __________

When someone borrows money but ​can't pay it back, they will have a ​ (a)   .

• debt
• interest
• fee
• balance
• income

money that is borrowed and should be paid back ASAP: __________

Minimum payments on your credit card ​ ​ (a)   will increase your ​ (b)   .

• balance
• debt
• interest
• income
• fee

​ (a)   is charged on any unpaid (b)   .

• Interest
• balance
• interest
• income
• fee

A common source of ​ (a)   for teens is a part time job.

• income
• interest
• fee
• balance
• debt

Money that a person earns from a job: __________