Economic Decisions and Vocabulary

The amount of money that is available to me in my paycheck ​ (a)  

• Net Pay
• Gross Pay

The amount of money that shown as my full check before taxes/other deductions are taken out is:    ​ (a)  

• Gross Pay
• Net Pay

The place where I enter every transactions (check writing or depositing) is ​ (a)  

• Checking Register
• Gross Pay

The amount of money I enter after writing a check is called a ​ (a)  

• Debit  -
• Credit +

When I deposit money into my account it is called a ​ (a)   ​

• Credit  +
• Debit -

What it is called whenever I enter a debit or credit in my register ​ (a)   ​

• Transaction
• Debit -

What I have and write down when I add or subtract and enter the amount into my register ​ (a)   ​

• Balance
• Transaction

Account name means either using a what​ ​ ​ ​ (a)  

• Checking/Savings= Account name
• Balance

When I get money and put it into my account it is called a ​ ​ (a)  

• Deposit
• Withdrawl

 I should make a monthly budget for expenses and savings:   ​ ​ (a)  

• Yes
• No