Basic Personal Finance

Something you must have to survive

• need

• want

• income

• expense

something that would be fun to have but you can live without

• need

• want

• budget

• income

a plan for your money

• want

• need

• budget

• income

money earned or received as gifts

• expense

• need

• want

• income

money you spend

• expense

• income

• need

• budget

money borrowed that you must pay back

• money

• debt

• credit card

• debit card

money sat aside for the future

• checking account

• loan

• savings

• interest

loan

• money you borrow from someone

• money you save

• christmas money

• money in the bank