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FINANCIAL VOCABULARY
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___________: A person who does not pay his/her debts.
DEADBEAT
_________________:I used a store card to buy some clothes and now I don't have enough money to pay it.
DEBT
_____________: I bought a new tv, but I haven't paid for it yet. I pay a little each month.
INSTALLMENTS
I don't work so I don't have any________
INCOME
_____________: I spent $500 on my credit card, but I have to pay $500 + 3%.
INTEREST RATE
____________: Every month I receive my salary here. I'm the only one who can access it.
CHECKING ACCOUNT
__________: I went to the bank and took some money from my account.
WITHDRAWAL
__________: My dad gave me some money, but I'm going to pay him back.
LOAN
__________: There is a machine in the supermarket to use to get cash.
ATM
______________: I went to the bank and put some money into my account using an envelope.
DEPOSIT
_______________: At the beginning of every month, I sit down and check how I will spend my money.
BUDGET
______________: Every month I have to pay my rent, my car insurance, my health plan and the grocery shop.
EXPENSES
____________: The bank lent me money to buy a house.
MORTGAGE
______________:My credit card bill is $1000, but I have a plan to pay the bank $50 per month.
REPAYMENT
____________: I spent some money in my checking account that the bank gives me, I have to pay them back.
OVERDRAFT


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