Personal Finance

What is a fee paid for the use of money?

• interest

• insurance

• budget

• balance

A set payment that a person receives in exchange for work performed:

• salary

• debt

• bill

• will

A payment type that allows you to make purchases using money directly from your checking account:

• debit card

• credit card

a plan for spending and saving money is called...

• tax

• fixed expense

• income

• budget

This type of card allows a person to make a purchase using a card issued by a bank - it allows a person to buy goods and services immediately and pay the cost at a later time

• debit card

• check

• credit card

• save

Money that is put aside to use in the future is called...

• taxes

• purchase

• expenses

• savings

a person's knowledge and work skills

• credit
• resources
• human capital
• savings

What are expenses (spending)?

• money you earned from work

• money you use to buy things

• Money in your savings

• Money in your checking account

Based on the chart, who likely earns the greatest amount of income each month?

• Darius

• Armando

• Mallory

• Annika

Sasha is a bank manager. Every two weeks she receives a paycheck from the bank. What do those paychecks represent?

• her taxes

• her credit

• her income

• her interest