Budget Vocab

When your spending and savings are more than your income, then you are...

This is something you wish for, but you do not require it to live

This is something you need to have to live.

A plan to to help you understand your savings and your expenses

This account is where you put money you want to save

You can use this plastic card to get money directly out of your bank account without paying interest

This is the money you receive for doing a job

This is the paper form you fill out to pay someone. Not many people use these any more.

The name for things you have to pay for. Starts with E!

The extra money you pay to a bank when you borrow money

The building where you put money to save it or to spend it

This is the money you receive from your parents regularly

You can use this plastic card to pay for items and be billed later with interest

You can get money out of this account when you need it at the ATM