| Draggable item | arrow_right_alt | Corresponding Item |
|---|---|---|
Deposit slip | arrow_right_alt | the total amount of money you earn before any deductions are taken out |
Routing Number | arrow_right_alt | also known as take-home pay, this is the amount left over after all deductions are subtracted |
Numerical Amount | arrow_right_alt | costs that stay the same each month |
Certificates of Deposit (CDs) | arrow_right_alt | costs that change depending on your choices or usage |
Variable Expenses | arrow_right_alt | money spent on "wants" rather than "needs" |
Fixed Expenses | arrow_right_alt | money taken out of your pay for things like federal and state income taxes, Social Security, and Medicare |
High-Yield Savings Account | arrow_right_alt | money received from work, gifts, or interest |
Interest | arrow_right_alt | money spent on either needs or wants |
Payee | arrow_right_alt | when income is higher than expenses |
Debit Card | arrow_right_alt | when expenses are higher than income |
Income | arrow_right_alt | the money earned on money deposited in a savings account, or the cost of borrowing money |
Checking Account | arrow_right_alt | a place where you can store your cash safely while earning interest |
Withdrawal | arrow_right_alt | earns higher interest and is designed to help your money grow faster |
Savings Account | arrow_right_alt | a savings product where you deposit money for a fixed period at a guaranteed interest rate; you agree not to withdraw the money until the term ends |
Deposit | arrow_right_alt | an account designed for frequent deposits and withdrawals, used for paying bills and everyday transactions |
Credit Score | arrow_right_alt | a charge for when you withdraw more money than you have in your account |
Discretionary Spending | arrow_right_alt | filled out when you add cash or checks to your account |
Deficit | arrow_right_alt | an official summary of all transactions in your account over a specific period (usually one month) |
Memo | arrow_right_alt | when you put money into your bank account |
Check | arrow_right_alt | when you take money out of your bank account |
Credit Card | arrow_right_alt | the person or business to whom a check is written |
Credit | arrow_right_alt | used to write a brief note about what the payment is for |
Check Register | arrow_right_alt | a series of numbers that identifies your specific bank |
Gross Income | arrow_right_alt | a unique series of numbers that identifies your personal bank account |
Bank statement | arrow_right_alt | your signature on a check that allows it to be deposited or cashed |
Surplus | arrow_right_alt | the written numbers in the box on a check |
Net Income | arrow_right_alt | the dollar amount in words and the cents as a fraction |
Written Amount | arrow_right_alt | a written document that orders a bank to pay a specific amount of money from your account to a named person or business |
Deductions | arrow_right_alt | a record book or log where you write down all transactions made to track your checking account balance |
Overdraft Fee | arrow_right_alt | the process of verifying that your records match the transactions on your bank statement |
Account Number | arrow_right_alt | a card linked to your checking account that allows you to make purchases or withdraw cash directly from your account |
Reconciling | arrow_right_alt | a card that allows you to borrow money to make purchases |
Expense | arrow_right_alt | the concept of borrowing money with the agreement to repay it later, often with interest |
Endorsement | arrow_right_alt | a three-digit number that represents your creditworthiness based on your borrowing and payment history |