Print one complete set of cards for each group of 3 students.

Transcription

1 Print one complete set of cards for each group of 3 students. Print page 2 on the back of each card. (File, Print, Current Page, Number of Copies (10). Print one complete set of cards for each group of 3 students. Print page 2 on the back of each card. (File, Print, Current Page, Number of Copies (10). Print one complete set of cards for each group of 3 students. Print page 2 on the back of each card. (File, Print, Current Page, Number of Copies (10).

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3 Pay Yourself First Pay Yourself First Pay Yourself First

4 A popular phrase used to describe what people should do to stay on track with saving money. Basically meaning that the first deposit out of a person's paycheck should be into a savings account or retirement account. A popular phrase used to describe what people should do to stay on track with saving money. Basically meaning that the first deposit out of a person's paycheck should be into a savings account or retirement account. A popular phrase used to describe what people should do to stay on track with saving money. Basically meaning that the first deposit out of a person's paycheck should be into a savings account or retirement account.

5 Savings Account Savings Account Savings Account

6 A deposit at a bank or savings and loan that pays interest, but cannot be withdrawn in check writing. A deposit at a bank or savings and loan that pays interest, but cannot be withdrawn in check writing. A deposit at a bank or savings and loan that pays interest, but cannot be withdrawn in check writing.

7 Trade-Off Trade-Off Trade-Off

8 A choice that involves giving up some of one thing to have more of another. Ex: In the morning my cousin spends a lot of time putting on make-up, she doesn't have enough time to eat breakfast because she has to go to school. The time she could spend on her nutrition is being given up. A choice that involves giving up some of one thing to have more of another. Ex: In the morning my cousin spends a lot of time putting on make-up, she doesn't have enough time to eat breakfast because she has to go to school. The time she could spend on her nutrition is being given up. A choice that involves giving up some of one thing to have more of another. Ex: In the morning my cousin spends a lot of time putting on make-up, she doesn't have enough time to eat breakfast because she has to go to school. The time she could spend on her nutrition is being given up.

9 Interest Interest Interest

10 Interest Rate Interest Rate Interest Rate

11 The amount paid for the use of borrowed money. The amount paid for the use of borrowed money. The amount paid for the use of borrowed money.

12 The cost of borrowing money, expressed as a percentage, usually over a period of one year. The cost of borrowing money, expressed as a percentage, usually over a period of one year. The cost of borrowing money, expressed as a percentage, usually over a period of one year.

13 Money Market Deposit Account Money Market Deposit Account Money Market Deposit Account

14 A savings account in which the interest rate varies as market rates change. A savings account in which the interest rate varies as market rates change. A savings account in which the interest rate varies as market rates change.

15 Net Income Net Income Net Income

16 The amount of a paycheck that a person can actually spend; gross income less any payroll deductions. The amount of a paycheck that a person can actually spend; gross income less any payroll deductions. The amount of a paycheck that a person can actually spend; gross income less any payroll deductions.

17 Financial Goal Financial Goal Financial Goal

18 A statement of something a person wants or needs to do that pertains to finances and/or money. A statement of something a person wants or needs to do that pertains to finances and/or money. A statement of something a person wants or needs to do that pertains to finances and/or money.

19 Depository Institution Depository Institution Depository Institution

20 A business that offers financial services to people. A business that offers financial services to people. A business that offers financial services to people.

21 Payroll Deduction Payroll Deduction Payroll Deduction

22 Amounts subtracted from gross income that is withheld by an employer for items like taxes and employee benefits. Amounts subtracted from gross income that is withheld by an employer for items like taxes and employee benefits. Amounts subtracted from gross income that is withheld by an employer for items like taxes and employee benefits.