| A | B |
|---|
| Need | something necessary for survival |
| Want | something you desire |
| Budget | a plan for spending and saving money |
| Expense | a good or service that you pay for |
| Good | something you buy that you can hold in your hands |
| Service | something you pay for that someone else does for you |
| Income | any money you receive |
| Debit | an expense; money is taken out of your account |
| Credit | and income; money is coming in (it can also be a loan) |
| Savings Account | money that is saved with an agreement to limit withdrawals |
| Checking Account | where you deposit and with draw money you have |
| Interest | money charged for borrowing and money earned for lending |
| Endorse | sign your name to release a check |
| Register | a book in which you keep track of your money |
| Deposit Slip | a form you complete when putting money into an account |
| Gross Pay | the money you earn |
| Net Pay | the money you keep after deductions |
| Deductions | money taken by the government from your paycheck |
