A person who takes the financial risk of owning their own business.

A plan for how your money will be utilized.

You highly value saving money, so you set a ______ of saving $50 per month

The money you earn is called:

Not having enough money to buy everything you want.

When you have to give up one thing in order to get another.

Sarah took out a loan to buy a new car. The bank agreed to give her $6000. She has five years to pay it back. That would mean her monthly payment is $100 but in real life, her actual monthly payment is $115. Why is her payment a little higher?

When you have a job, your income comes to you in the form of a _________.

If you're paid on a salary, the amount of money you earn won't change depending on how many hours you work.

When you're paid a wage, the number of hours you work determines how much your paycheck will be.

The type of account that you pay your bills from, and deposit your paycheck into.

An account to help you store your money in a safe place.

You work for $10/hour for 5 hours. This equals $50. Your paycheck is only for $45, though. Why?

You owe your sister $200. This means you are ___________.

If you want to borrow money from a bank, you have to be reliable and trustworthy. In order for the bank to decide that, they check your________.

Choose the correct examples of services.

Choose the correct examples of goods.

True or false: It typically costs more to pay for a service than to do something yourself.

You go to the store with your debit card and want to buy a new shirt for $20. This means you have to have $20 available in your ________ account.

You went to the bank and applied for a credit card. They said yes! They tell you that your credit limit is $1000. Do you actually have $1000 in real money?

You get your first job and are earning $100/week. Every time you get a paycheck, the first thing you do is put $20 in your savings, then you use $40 to buy groceries and $5 to pay your phone bill. The rest is available for wants.

This is an example of having:

You deposited $100 into your savings account. When you check your account next month, you have $100.10. Why is there a little extra?