Financial literacy 5th grade

a card that is issued by a bank and allows user immediate use of money in their bank account

an organized plan for spending and saving money

taxes taken out of pay by the employer (business owner) for their employees (workers)

money put IN to an account; balance goes up

Money set aside from your earnings to use at a later time

a written order asking banks to pay a certain amount from YOUR checking account to the payee.

to take money out of an account

a tax paid by the consumer on retail goods

a tax on real estate by local governments on property, such as land, buildings, boats and cars

Money that you spend on something

A business that sells goods or services directly to the public

a financial plan where income is equal to expenses (you don't spend more than you earn)

income after deductions are taken out

money paid regularly at a percentage rate for the use of money lent

Income

The total income before taxes and deductions are taken out

to take money out of an account

Payments received via phone, computer or tablet

to take money out of an account

a card issued by a bank that allows a user to buy items immediately and pay for the cost later