Finance Vocabulary

A budget is...

• To put money into a bank account

• To use money to pay for something

• Something you like to have such as toys.

• The price or amount you pay for something that you want or need.

• Something you make to help you spend or save money wisely.

​ ​ (a)   is not spending money because of a goal or reason.

• Saving
• Wasting
• Squandering
• Overspending
• Budgeting

Squilliam is​ (a)   all of his money on Pokémon cards and Legos

• spending
• insuring
• budgeting
• saving

Select ALL correct examples of "needs"

• Fresh air

• Clean water

• A home

• Designer Clothes

• A car

Select all correct examples of "wants"

• Fresh air

• Clean water

• A home

• Designer clothes

• A car

To borrow means...

• To use or take from someone if you do not have it yourself and must return.

• To put money into a bank account

• The price or amount you pay for something that you want or need.

• To use money to pay for something

• Something you like to have such as toys.

What is the definition of the word "deposit"?

• Something you like to have such as toys.

• To use money to pay for something

• The price or amount you pay for something that you want or need.

• To put money into a bank account

• To take money out of the bank.

If I am making a withdrawal that means I am...

• Using money to pay taxes.

• Putting money into a bank account.

• Buying you like to have such as toys.

• Paying for something that you want or need.

• Taking money out of the bank.

The price or amount you pay for something that you want or need is the definition of​ (a)  

• cost
• deposit
• withdrawl
• taxes
• inflation

The way we use and handle money for ourselves is called...

• Finance

• Taxes

• Banking

• Insurance

• Budgeting