Lesson 22 Budget Review

An account at a bank that allows you to easily deposit and withdraw money for daily transactions

The money in my savings account earns ____________ over time, helping it grow without any extra effort.

What is the purpose of online and mobile banking?

The purpose of a personal budget is to plan your spending and saving over time.

What type of expenses are considered variable

What is a good recommendation for saving money each month?

The state of owing money

My employer uses______________ to transfer my paycheck straight into my bank account

The purpose to online and mobile banking is to manage money and make transactions from your phone or computer.

A tool you can use to help you plan your spending and saving over a period of time

The money you earn from working, investing, or selling things

What is the purpose of a personal budget?

Your knowledge and understanding of how to manage your money

Expenses in your budget that you can expect to stay the same over time.

The purpose of online and mobile banking is to store physical cash online

The amount of money currently available in your bank account

Which of the following is a fixed expense?

I decided to deposit my paycheck into my _________ to save for a future vacation

Trish took out a __________ from the bank to help pay for her college tuition.

A bank fee you pay for spending more money than you have available in your bank account

Expenses within your budget that change from month to month

The purpose of a personal budget is to calculate your taxes

When a sum of money is placed or kept in a bank account

Every purchase you make with your debit card is recorded as a ___________ in your bank account

What is one of the main reasons people use banks?

I need to ___________ some cash from my bank account to pay for groceries.