PERSONAL FINANCE

CREDIT CARD

• A small plastic card you can purchase things with credit

DEBIT CARD

• A plastic card that you can buy things with and the money comes straight from the bank account

CHECKING ACCOUNT

• An account where checks can be deposited and withdrawn by the holder

CHECK

• A check that the holder of a checking account draws on a bank for payment

WITHDRAW

• To take money from your bank account

DEPOSIT

• To put money back in the bank account

TRANSFER

• To move money from one account to another

INSUFFICIENT FUNDS

• When someone pays for something without having the money

CREDIT

• Buying something before payment with the trust payment will be made later

DEBT

• Money that is owed or due

TRANSACTION

• A business deal; buying or selling something

BANKING

• Taking money out of or putting money in a bank

BALANCE

• The amount of money in your bank account

Untitled Slide