Personal Financial Vocabulary Terms

2. Costs that stay the same every month, like rent or a car payment.
4. A plan for how to spend and save your money.
6. Money you keep and don’t spend, usually for future needs or goals.
9. The movement of money in and out of your accounts.
11. Keeping a record of all the money you spend.
16. Money spent on things you want but don’t need, like video games or eating out.
17. Extra money you pay when you borrow money, or earn when you save money.
19. Money saved for unexpected costs, like a car repair or medical bill.
20. Things you would like to have but don’t need to live, like toys or new clothes.

1. Extra money left over after you pay all your expenses.
3. Money you spend on things like food, rent, or fun activities.
5. Money you earn from work or receive from other sources.
7. The total money you earn before taxes or deductions.
8. Money you put into something to make more money in the future, like stocks or education.
10. A plan for how much money you want to save or earn in the future.
12. Borrowed money that you promise to pay back later, often with interest.
13. The money you take home after taxes and other deductions.
14. Money you owe to someone else, like a bank or a friend.
15. Costs that change each month, like groceries or electricity bills.
18. Things you must have to live, like food, water, and shelter.