Fincial literacy vocab

What’s the meaning of budget

• A spending plan or a record of projected and actual nome and expenses over a period

• I don’t know

What’s the meaning of job

• A positon of employment with specific dutes and compensation

• I dont know

Financial plan

• A report that identries a person's financial goals, needs, and expected future cornng, sovng nvesting, insurance, and debt management actves, it typcaly ncludes a statement of net wortn

• I dont know

Income

• Money from investments and employment

• Isn’t know

Expenses

• The cost of gpods and services, including, those inat are fred (such as rent and auto bon payments) and those that ore variable (such as food, clothing, and entertarment).

• I dont know this to be honest I’m just a 2 year old non binary turtle

Take home pay

• Gross wage or salary, plus bonuses, minus deductions such as for taxes, healin core premums, and retrement savngs.

• I dont know

Debt

• Something owes, usually6 measur3ed in dollars

• I dont know

Saving

• The process of seiting income aside for future spending Sovig provdes ready cash for emergencies and short-term goals, and funds for nvestna

• I dont know

Debit card

• plastic card that is issued by your bark that mokes payments by deducting money drectly from your checking account.

• Idont know

Check

• A written, dared, and signed instrument (usually a piece of paper) that drects

  Loon

  12. Lease

  a bank to pay a specific sum of money to the holder.

• I dont know