Financial Literacy

A budget is

• The total in an account after expenses

• A plan for earning, spending and saving

• A portion of stock owned

• A credit

Briefly describe the difference between a want and a need

A balance is...

• Loans to the government or to a corporation

• The amount charged by a lender to a borrower

• A list of things in order of importance

• A the total in an account after expenses

Describe the basic gist of investing...

Borrowing someone else's money with a promise of paying it back...