Personal Financial Literacy

Trading money for goods or services

Expenses that occur on a regular basis

price paid for using someone else’s money

Banks, savings and loans, and credit unions are called...

When money is taken out of an account

money set aside for future use

expenses that are consistent from month to month

establishment that focuses on dealing with financial transactions such as investments & loans

Expenses that do not occur on a regular basis

purchasing something of value with the goal of earning money over time if the value increases

The amount of money you have in your account

expenses that vary in cost from month to month

putting money aside from current income to buy something in the future

money earned or received

payment for goods and services

$87.11 - $42.11 =

giving money to charity or other people

money received for saving money in a bank account

money that is made in a business after all the costs and expenses are paid

When money is put into an account