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Financial Literacy
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give an example of income
answers may vary
give an example of a variable expense
answers may vary
give an example of fixed expense
answers may vary
give an example of labor
answers may vary
give an example of spending
answers may vary
Give an example of a interest.
answers may vary
the act of taking money out of a bank account
withdraw
a cost that varies over time according to a number of factors
variable expenses
to use money to pay for something
spend
to put aside money
save
money that is made in business after all the costs and expenses are paid
profit
to give money with an agreement that it will be paid back
lend
service performed for which someone is paid
labor
the amount of money paid by the borrower to the lender for the use of the money loaned to them
interest
money that is earned from work, business, or investments
income
to give something away without expecting it to be returned
giving
an expense that does not change from time period to time peiod
fixed expense
to put money into a bank account for safe keeping
deposit
an arrangement for a deferred payment on a loan or purchase
credit
to give or donate to help people or a cause
charitable
to take or use with the promise to pay back
borrow
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