Personal Finance Vocabulary

Define: How to Manage Your Money

• Income

• Personal Finance

• Spending

• Credit

Money That You Earn From Working or Gain from Investments

• Budget

• Credit

• Debit

• Income

Trading Money in Exchange for Goods and Services

• Spending

• Credit Card

• Saving

• Investing

A Plan for Saving and Spending Income

• Investing

• Interest

• Budget

• Debit Card

Buying Something Now and Paying for it Later (Plus Interest)

• Credit

• Debit

• Interest

• Personal Finance

Money that is Set Aside for Later Use, Often for a Large Purchase or an Emergency

• Credit

• Budget

• Saving

• Interest

Putting Money to Use in Something that Offers Potentially Profitable Returns

• Interest

• Debt

• Income

• Investing

The Money Borrowed from When You Have Spent More than You Have; the State of Owing Money

• Debt

• Interest

• Income

• Spending

A Fee Paid for the Use of Borrowing Money (The Cost of Borrowing Money)

• Interest

• Credit Card

• Debt

• Income

A Small Plastic Card Issued by the Bank; Allowing a Person to Purchase Goods/Services on Credit

• Debt

• Credit Card

• Debit Card

• Spending