Financial Literacy Grade 9

money one has saved, especially through a bank

money that is paid or received for work or services; by hour, day or week

amount of money needed to pay for or buy something

money that a bank or business will allow a person to use & pay back in the future

charge for borrowed money, usually a percentage of amount borrowed

expense that doesn't change over time (rent, insurance, loan payments)

useful to home (electricity, gas, water, cable, phone)

expense that changes significantly over time (clothing, groceries, bills)

money received based on level of sales employee obtained, in addition to salary

state of owing money to someone or something (bank)

a plan used to decide the amount of money that can be spent & how it will be spent

borrowing money with promise to repay money & some interest over time

money that is earned from work, investments, business, etc.

an income that doesn't change

mandatory payment for residents of a portion of their income to costs of government services

an agreed upon & regular compensation for work that may be paid in any frequency

contract granting use of property for a specific time in exchange for rent or other payment

an income that may change

employment which a worker is paid a fixed rate for unit made or action done regardless of time

investing money for profit