Personal Finance Vocabulary

Setting Money aside for an emergency or future purchase

• Saving

• Spending

• Investing

• Credit

The amount that is charged when you borrow money from a bank.

• Credit

• Income

• Interest

• Budget

Putting money into something that could cause huge rewards or losses in the amount of money that you have.

• Interest

• Investing

• Saving

• Spending

Money that is owed from spending more than you have.

• Debt

• Income

• Budget

• Credit

Giving money for goods or services

• Spending

• Saving

• Investing

• Income