History flash cards

1
Q

Income

A

The money you get from work

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2
Q

Expenditure

A

something you spend money on

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3
Q

Budget

A

estimate of income and expenditure for a set period of time

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4
Q

Checking Account

A

an account at a bank where you can deposit and withdrawal the money you have.

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5
Q

Debit Card

A

t is a card that lets you use the money you have in your checking account

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6
Q

Credit Card

A

a card that the bank lets you borrow money and payback more later.

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7
Q

Interest Rate

A

money that is charged by a bank or other financial organization for borrowing money

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