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Budget Vocab

  •  English    15     Public
    budget, banking, personal finance
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  • This is something you need to have to live.
    a NEED
  •  15
  • This is something you wish for, but you do not require it to live
    a WANT
  •  15
  • A plan to to help you understand your savings and your expenses
    A budget
  •  15
  • The extra money you pay to a bank when you borrow money
    Interest
  •  15
  • The building where you put money to save it or to spend it
    A bank
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  • You can get money out of this account when you need it at the ATM
    Current Account
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  • This account is where you put money you want to save
    Savings Account
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  • This is the money you receive for doing a job
    Income or salary or wages
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  • This is the money you receive from your parents regularly
    Pocket money
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  • The name for things you have to pay for. Starts with E!
    Expenses
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  • This is the paper form you fill out to pay someone. Not many people use these any more.
    A cheque
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  • When your spending and savings are more than your income, then you are...
    over budget
  •  15
  • You can use this plastic card to get money directly out of your bank account without paying interest
    A debit card
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  • You can use this plastic card to pay for items and be billed later with interest
    Credit card
  •  15
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