| A | B |
|---|
| ATM | automated teller machine. Lets you complete transactions electronically. |
| Debit Card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase. |
| Fees | a payment made in return for services |
| Short-Term Goals | one you want to achieve in 1-2 years-like a down payment or furniture |
| Long-Term Goals | something you want to accomplish over a longer period of time (2+ years). ex. buying a house. |
| annual fee | an amount charge card companies levy for the right to use or carry their card |
| Interest Payment | in exchange for the use of money over time. You can earn interest by lending your money to a bank. |
| interest rate | A rate which is charged or paid for the use of money. |
| credit limit | is a certain amount of money that you are allowed to borrow when using a credit card. |
