Name: _________________________

Date: ___________________________

Personal Finance Vocabulary List (Unit 7)

1. budget a plan that makes the best use of money
2. benefit anything that is for the good of a person
3. cost the price paid for a good or service
4. earnings the money earned; wages; profits
5. income the money that comes in from property, businesses, or work
6. interest expense extra money that you would pay when taking out a loan.
7. interest income the money paid for the use of someone elses money.
8. invest to buy goods or services and sell them to make a profit of money
9. investing the act of placing money into a business to make more money.
10.Spending to pay out
11. Saving tending to save up your money