Budgeting and Paystub Vocab

Front

Income

Back

the money you get (come in)

Front

Expenses

Back

the things you buy (goes out)

Front

Budget

Back

a plan for how you’ll spend your money

Front

Needs

Back

Things you need to live (food and water)

Front

Wants

Back

Fun things (treats and games)

Front

Save

Back

put money away for later

Front

Hourly

Back

Paid for each hour you work.

Front

Salary

Back

Same pay each week or month.

Front

Deduction

Back

Money taken out of your pay.

Front

Pay Period

Back

Time you work before payday.