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someone who organizes a business venture and assumes the risk for it....

Financial literacy

Your knowledge of facts, concepts, principles, and technological tools that are fundamental to being smart about money. Being this will enhance your economic well-being by allowing you to make informed decisions.

Financial security

having enough money saved to be able to withstand crises and emergencies

personal finance

The study of personal and family resources considered important in achieving finance success; thus it involves how people spend, protect, save, and invest their financial resources.


a diversion that occupies one's time and thoughts (usually pleasantly)


an unattended machine (outside some banks) that dispenses money when a personal coded card is used


be in the banking business

Budget/Personal Spending

proof of an account


scale drawing of a structure

Checking account

a bank account against which the depositor can drawn checks payable on demand

Credit card

a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered

Credit union

a cooperative depository financial institution whose members can obtain loans from their combined savings

Debit union

cash card


the act of putting something somewhere

Direct deposit

An automatic deposit of a paycheck without having to take a physical check to the bank.

Discretionary expenses

A recurring or non-recurring expense for goods and services which are either non-essential or more expensive than necessary


an expense is an outflow of money to another person or group to pay for an item or service, or for a category of costs.


incapable of being changed or moved or undone


recurring or reappearing from time to time


a quantity that can assume any of a set of values

Online banking

Using the Internet and a banks website to keep track of band accounts, moving money from one account to another, and paying bills.

Savings account

a bank account that accumulates interest


the act of withdrawing

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