The amount that is remaining in your bank account after each transaction,   - When your total income and your total expenses equal the same amount., A written, dated, and signed a piece of paper directing a bank to pay a sum of money., A plastic card that allows the owner to transfer money from a lender to pay for something., Money is taken out of your bank account. (Write a check, pay bills, ATM Withdrawals, money transfers, debit card use), A plastic card that allows the owner to transfer money from their bank account immediately., When money goes into your bank account., Electronic funds transfer, when funds are transferred from one bank to another electronically., Expenses that stay the same month to month. Rent, car payment, insurance., All the money you earn BEFORE taxes and insurance are deducted, Money paid to the government based on your personal income, All the money you earn MINUS taxes and insurance; money received on your paycheck, Money withheld from a person's paycheck by their employer., Money paid to the government based on property owned, pays for roads, schools, and police, Money paid to the government on goods and services sold based on a percentage., Any activity or change in your bank account; all deposits and debits are called transactions., Expenses that vary or change month to month. Groceries, gas for car, entertainment., When money is removed from your bank account; usually from an ATM or bank teller,

Personal Financial Literacy

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