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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 |