Interest rate charged by a credit card company on any outstanding credit card balance

A system that allows you to pay bills, like your cell phone bill, automatically from your checking account

A type of degree that typically takes two years of full-time study after high school and is dedicated training toward a specific career or skill

A type of degree that normally takes four years of full-time study, also known as an undergraduate degree

A plan for spending or saving money that is made up of income and expenses

A type of insurance that covers any damage you may cause to another person or their vehicle

A type of bank of account in which interest is not usually applied to the principal, but offers a safe place to store your money and allows you to make withdrawals using an ATM card, debit card or personal check

A payment type that does not automatically draw money from your checking account. It provides a short-term loan from the credit card company

A statement showing the total amount of money owed based on your credit card transactions

The total amount of money you can charge to your credit card

A three-digit numerical rating of how likely you are to pay off your debts

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

When money is added into a bank account, also known as a 'credit'

When money is automatically transferred into your account electronically

Spending that you have complete control over because it is not necessary spending

A type of degree that is highly specialized in regards to a specific profession and typically takes three to five years to earn after completing your bachelor's degree

An account used to put away funds to be used in an emergency

The money you're spending; this includes everything you buy, such as food, concert tickets, or even a pack of gum

Tax paid to the federal government based on the amount of money a person earns; used to fund government services such as healthcare, national defense, and scientific programs

An expense that occurs regularly; this amount typically does not change from month-to-month

A type of insurance that covers the cost of medical expenses

A type of insurance that covers your home as well as your possessions inside, in cases of damage or loss

Money you earn, like money you may get from your birthday or allowance from you parents

Tax on the amount of money you earn that is paid to the federal or state government

When the price of goods or services increases

A monetary fee you are charged for borrowing money

The percentage of interest you either make or pay on a principal

After completing a bachelor's degree, you can continue on to complete a program in a variety of fields. This type of degree typically takes one or two years, but can sometimes be completed on evenings and weekends, while you're working full-time

Tax that pays for healthcare for people ages 65 and over

In regards to credit cards, this refers to the least amount of money you have to pay back on a monthly basis to avoid fees and penalties associated with not paying the minimum amount

A type of loan used to finance the purchase of real estate

Is a mix of different investments, like stocks and bonds

When referring to budgeting, this is an expense that you can't live without

The amount of pay you take home after all taxes are taken out

The next best alternative that was given up by making a certain decision

Taking out more money than what is in an account

A fee incurred when you take our more money than what is in your bank account

A fixed payment, usually paid on a weekly or bi-weekly basis that does not vary depending on how little or how much you work

The tax you pay to the state or local government when purchasing an item

A type of savings vehicle in which interest is earned on the deposit amount (principal); usually require a minimum balance, offer lower interest rates, and have restrictions on the number of withdrawals allowed within a given time period

Tax that pays for people who are currently retired and for the future retired population

Taxes paid to the state where you live or work based on the amount of money you earn. State income taxes are used to help support schools, maintain roads and keep people safe

Measures the amount of a specific good or service available for a given price

The cost to enroll in higher education

Spending that is based on the purchase decisions you make; these can vary from month to month

Type of training that is usually focused on hands-on work that prepares you for skilled trades, like plumbing, cosmetology or car repair

Amount paid based on a certain time period; per hour, day or week

When referring to budgeting; an expense that you would like to have and is not an absolute necessity