A record or statement of financial expenditures or receipts, often related to a bank or credit union.

An amount available or owed on an account.

Deciding how to spend your money before you actually spend it

The physical form of money, such as coins or paper money.

A bank account that allows quick access to money for everyday expenses

The time it takes for money to move from one account to another (e.g. from checking to cash, or from one checking account to another).

The amount you pay to a healthcare provider before your insurance takes the claim, usually paid before you receive a service.

Obtaining something you want with the understanding you'll pay for it later.

An amount removed from your bank account to pay for something.

Turning your money over to a financial institution for safekeeping.

Double Entry Accounting

A budgeting method where you record your earnings twice: once in your account and once in your budget.

Anything that you spend money on.

The amount of money left on your paycheck after taxes have been withheld.

A document that comes with your paycheck, showing how much you were paid and how much was

The amount of money that you borrow when using a loan or credit card.

Moving money from one account to another.

Necessities like electricity, gas, and water, which are paid monthly as part of your household expenses.

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Question	Answer
accounts	A record or statement of financial expenditures or receipts, often related to a bank or credit union.
Balance	An amount available or owed on an account.
budget	Deciding how to spend your money before you actually spend it
cash	The physical form of money, such as coins or paper money.
checking account	A bank account that allows quick access to money for everyday expenses
clearing	The time it takes for money to move from one account to another (e.g. from checking to cash, or from one checking account to another).
copay	The amount you pay to a healthcare provider before your insurance takes the claim, usually paid before you receive a service.
credit	Obtaining something you want with the understanding you'll pay for it later.
debit	An amount removed from your bank account to pay for something.
debt	Turning your money over to a financial institution for safekeeping.
Double Entry Accounting	A budgeting method where you record your earnings twice: once in your account and once in your budget.
Expense	Anything that you spend money on.
Income	Money earned through work.
net pay	The amount of money left on your paycheck after taxes have been withheld.
paystub	A document that comes with your paycheck, showing how much you were paid and how much was
Principal	The amount of money that you borrow when using a loan or credit card.
Transfer	Moving money from one account to another.
Utilities	Necessities like electricity, gas, and water, which are paid monthly as part of your household expenses.

Created by: zwicks32

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