Financial Literacy

Payment for the use of money, a fee paid to use someone else's money, or money earned from allowing someone to use your money

• Interest

• Cost

• Debt

• Income

Money received, especially on a regular basis, for work or through investments

• income

• savings

• credit

• interest

A system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institutions website or mobile app.

• online-bank

• PIN

• ATM

• Automated computation

An institution that deals in money and its substitutes and provides other money-related services

• Credit/Loan Association

• Bank

• fiduciary Associates

• State Union

Money Owed

• PIN

• cash credit

• debt

• debit

Setting aside money for savings prior to paying monthly expense

• pay yourself first

• prepare yourself first

• pick your priorities

• priorities first

someone uses your name, social security number, or other personal information without permission

• income theft

• identity theft

• theft of credit

• identity tracking

To sign a loan or lease jointly with another person in order to guarantee payment. 

• credit report

• collaborate

• credit score

• cosign

A payment card that deducts money directly from a consumer's checking account when it is used

• debit card

• credit card

• deduction card

• distribution card

Setting aside a portion of current income for future use

• IRA

• Income

• Savings

• Interest