Personal Finance

Certain ???? events will affect your attitude to money

The ability to withdraw money that you do not have from a current account

advantages of mobile banking include

planning personal finance include to avoid

An account with a bank or building society designed for frequent use

Someone who has invested in a company in return for equity

The ability to meet day to day expenditure and repay debts

Salary is usually paid into this type of account and there is no fee for using it

Some _ _ _ _ _ _ _ _ view debt negatively and prefer to save than spend.

The function of Money is

I want to spend money and go out with friends, not too bothered about saving

BACs are used for

CHAPS

The cost of borrowing or reward for saving.

British government department responsible for the collection of all types of taxes

Offers additional features to a standard account for a monthly fee

A general rise in prices or a fall in the value of money.

Common method to used when paying for goods in the supermarket

The amount of money you need to cover all your outgoings e.g. your monthly mobile contract

An example of planning personal finance is being able to

No frills account aimed at customers with a poor credit rating. Has no overdraft facilities