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A record or statement of financial expenditures or receipts, often related to a bank or credit union.
Accounts
Balance
Budget
Cash
An amount available or owed on an account.
Accounts
Balance
Budget
Cash
Deciding how to spend your money before you actually spend it.
Account
Balance
Budget
Cash
The physical form of money, such as coins or paper money.
Balance
Budget
Cash
Copay
A bank account that allows quick access to money for everyday expenses.
Checking Account
Savings Account
Debit Card
Credit Card
The time it takes for money to move from one account to another (e.g. from checking to cash, or from one checking account to another).
Overhauling
Over ride
Clearing
Balance out
The amount you pay to a healthcare provider before your insurance takes the claim, usually paid before you receive a service.
Receipt
Medical Statement
Doctor Check
Copay
Obtaining something you want with the understanding you'll pay for it later.
Credit
Debit
An amount removed from your bank account to pay for something.
Credit
Debit
The amount you owe on a loan.
Loan
Borrower
Lender
Debt
Turning your money over to a financial institution for safekeeping.
Withdrawal
Deposit
A budgeting method where you record your earnings twice: once in your account and once in your budget.
Single account entry
Double account entry
Triple account entry
Quadruple account entry
Anything that you spend money on.
income
expense
deposit
withdrawal
Money earned through work.
withdrawal
expense
deposit
income
A percentage charged when you borrow money. Can also be an amount earned for saving money in a savings account.
interest
net pay
pay stub
transfer
The amount of money left on your paycheck after taxes have been withheld.
interest
net pay
transfer
expense
A document that comes with your paycheck, showing how much you were paid and how much was withheld for taxes.
budget
transfer
pay stub
net pay
Moving money from one account to another.
deduction
addition
transfer
withdrawal
Necessities like electricity, gas, and water, which are paid monthly as part of your household expenses.
utilities
options
electables
utilitable expenses
name of the program you worked in to reinforce your financial literacy knowledge
Bonzy
Bananaz
Banzai
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