Financial Literacy

What is a plan for spending or saving money that is made up of income and expenses?

• Chart

• Savings

• Budget

• Spreadsheet

_____ is the short for Automated Teller Machine

a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

• Principal

• Loan

• Favor

• Interest

A sum of money placed or kept in a bank account

• deposit

• services

• insurance

• budget

Amount paid based on a certain time period. You can earn this per hour, day, or week.

• Wage

• Pay

• Salary

• Check

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

• Credit Card

• Identification Card

• Debit Card

• Discount Card

A small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.

• Debit Card

• TAx Card

• Discount Card

• Credit Card

The money you are spending. That includes everything you buy, such as food concert tickets, or even a pack of gum.

• Profit

• Expenses

• Taxes

• Spending

A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum.

• Pay

• Salary

• Wage

• Check

What is the income BEFORE taxes are taken out called?

• net income

• gross income

• tax income

• my income