Financial Literacy

Front

Income

Back

money you earn from work and investments

Front

Expense

Back

money you spend on things (food, clothes, bills, etc.)

Front

Budget

Back

plan that helps you decide how much to spend or save

Front

Debt

Back

money you owe to someone (credit card, loan)

Front

Interest

Back

extra money you pay when borrowing, or earned when saving

Front

Credit

Back

borrowing money to buy something and paying it back later

Front

Debit

Back

money taken directly out of your account

Front

Fixed Expense

Back

an expense that stays the same each month (subscriptions/memberships, rent, bills)

Front

Variable Expense

Back

an expense that can change from month to month (food/groceries, water and hydro)