Learn Financial Terms
Click on each card to learn a new financial term!
Budget
A budget is a plan for how to spend your money.
Savings
Savings means putting money aside for later.
Income
Income is the money you receive from work or investments.
Debt
Debt is money you owe to others.
Interest
Interest is the extra money you pay when you borrow money.
Loan
A loan is money you borrow and need to pay back.
Expense
Expenses are the things you spend money on.
Credit
Credit is money you can borrow and pay back later.
Invest
Investing means putting money into something to make more money.
Asset
An asset is something valuable you own, like a house or a car.
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I learnt the meaning of
ReplyDeleteBudget: this is a plan on how to spend money
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