Personal Finance Vocab - Drake

The amount currently available in an account is the

An amount charged for borrowing money.

In a budget where you record your earnings twice: once in your bank account & once in your budget to track the expense.

The amount you pay to a healthcare provider that your insurance doesn't pay.

A document that comes with your paycheck, showing how much was withheld for taxes and how much you actually got paid.

Money paid to the federal government or state government. Everyone has to pay them.

When you spend more than you have in your bank account, the bank will charge you with a fee called an

A plan for what you are going to spend your money on.

The amount you owe to someone else is called

Money earned through working is called

A request to your insurance company to pay for something that has been damaged is called a

When you put your money in a bank for safekeeping, you are making a ______________.