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Budget Vocabulary
Term | Definition |
---|---|
income | money received from work or other sources |
budget | a plan for using money |
utilities | services like gas and electricity |
insurance | money to protect personal property |
time payment | money paid in installments over time |
debt | money that is owed |
check | a slip of paper showing the amount of a payment |
fixed expense | an expense that does not change |
withdrawl | money taken out of a bank account |
deposit | money that is put into a bank account |