Middle School Financial Literacy

Uses money from bank account to pay for purchases

Variable expenses include

The cost of attendance

The price paid or received for borrowing or lending money

Anything of value that is owned

The money you keep, especially in a bank.

It is money that somebody lends you

Unplanned buying with little consideration

Money earned or received

To get money back because you are not happy with a product

A tool to help you manage how you spend your money

A thing that is borrowed and expected to be paid back with interest

Where can you earn a bachelor's degree

To spend more money than you have in your account

A cost that remains the same (fixed expense)

When should you consider college?

Products that do not need to be purchased frequently because they are made to last long

Where can you earn an associate degree?

Money that does not have to be paid back, based on merit.

Discretionary expense