Financial literacy

Front

How much money you want to spend and how much you want to save

Back

Budget

Front

This plastic card takes money directly from your checking account when you buy something

Back

Debit card

Front

Something that depends on your survival, something that doesn't depend on your survival

Back

Need VS Want

Front

To put money into something

Back

Invest

Front

How much money you make

Back

Income

Front

When you owe somebody money and you can't pay it off at that moment

Back

Debt

Front

When an institution lends you money, and you have to pay it back. ( Kinda like a loan in short words)

Back

Interest

Front

A small plastic card where you borrow money using it and pay it back each month or all at once

Back

Credit card

Front

The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future

Back

Credit

Front

The cost of goods and services goes up

Back

Inflation