| A | B |
|---|
| Budget | A plan for how money will be used. |
| Fixed Expense | When the expense costs the same every month, like a car payment or rent. |
| Credit History | A list of payment records on loans and accounts of each individual. |
| Interest | Money paid regularly by the bank to the account holder for money being saved. |
| Income | The money an individual obtains or money that is "coming in". |
| Expenses | The spending of some or all of an individual's money for various purposes. |
| Overdraft | A check or transaction that is not backed up by enough money. |
| Variable Expense | When an expense costs different amount every month, like the grocery bill. |
| Charitable Giving | Money used to help other people. |
| Philanthropy | The act of giving money for charitable purposes. |
| Investment | Money spent on something with the goal of making a profit (more money). |
| Financial Investments | Putting money into things like stocks and bonds as a way to make money in the future. |
| Certificate of Deposit | Money kept in a bank for a specified amount of time that accrues interest. |
| Real Investment | Putting money into something physical such as real estate (Land or House) or equipment. |
| Credit | An arrangement by which a buyer can take possession of something now and pay for it in the future, usually with interest. |
| Mortgages | Home loans. |
| Repossess | Take possession of an item. |
| Stock | Ownership shares in a company. |
| Mutual Fund | Money put together from many investors to allow mutual fund managers to invest in many different stocks and bonds. |
| Bond | The investor lends money to the government or a company with the promise of the loan being paid back with interest on a specified date. |
