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When you sell a product or service for less than the usual price?
Discount / Sale
When a price is reduced?
Discount / Sale
A machine from which you can take money(cash) out of your bank account using a special card.
ATM
What does the acronym ATM mean?
Automated Teller Machine
When you owe more money than you have in your bank account?
Debt
Something, usually money, that is owed to someone?
Debt
After purchasing products you will always receive what?
A receipt
What is your pay after taxes.?
Net Pay
Which expenses change every month?
Variable Expenses
What type of expenses are the same every month?
Fixed Expenses
This helps you prepare for unexpected expenses.
Emergency Fund
Which method of payment actually is a form of borrowing money that needs to be paid back later?
Credit Card
Which card is linked to a bank account which limits the amount of money you can spend to balance in your account?
Debit Card
Which payment option can offer additional security like fraud protection?
Credit Card
The price of a single item within a group of items is known as the ______________ of the item.
Unit Price
In addition to needs, what should you plan for first when creating a budget?
Recurring expenses
What can help you keep track of your money?
Budget
What is a share of ownership in a company called?
Stock
Which type of bank account is best for everyday transactions?
Checking Account
This helps you prepare for unexpected expenses.
Emergency fund
Where should you look to find your current expenses when building your budget?
bank statements
The money you keep in a bank?
Savings
The money you do not intend to use, but keep in a bank account?
Savings
What is your pay before taxes.?
Gross Pay
If there is an issue with your bank statement or account balance, you should contact the ___
Bank