Good Consumer Practices

The ability to do things and make decisions by yourself, without needing other countries or other people to help you.

Plastic cards issued by a financial institution which allows individuals to obtain goods or services without paying cash at the point of purchase.

This is when organizations allow you to pay for goods or services several weeks or month after you have received them.

A financial plan that shows how much money we earn and how much we spend.

The economical management of ones resources to satisfy needs and wants. This involves planning how to use one's resources in order to maximize benefits and get rid of waste.

A sum of money deposited for a specified period of time at a fixed rate of interest.

A financial co-operative in which individuals agree to save money together and lend money to each other when needed.

The difference between what a person earns and what he/she spends.

Money that is paid into a bank, used to purchase shares stocks, bonds or property, in order to increase its value.

Shares in the ownership of a company, or investments on which a fixed amount of interest is paid.