Card 1
Term
Budgeting
Definition
Planning income and expenses
Card 2
Term
Savings Account
Definition
Bank account for saving money
Card 3
Term
Interest Rate
Definition
Percentage charged or earned on money
Card 4
Term
Credit Score
Definition
Numerical rating of creditworthiness
Card 5
Term
Debt
Definition
Money owed to others
Card 6
Term
Investment
Definition
Allocating money for future gain
Card 7
Term
Emergency Fund
Definition
Savings for unexpected expenses
Card 8
Term
Retirement Plan
Definition
Strategy for saving for retirement
Card 9
Term
Compound Interest
Definition
Interest on both principal and accumulated interest
Card 10
Term
Net Worth
Definition
Assets minus liabilities
Card 11
Term
Expense Tracking
Definition
Monitoring spending habits
Card 12
Term
Financial Goal
Definition
Target to achieve with money
Card 13
Term
Inflation
Definition
General rise in prices over time
Card 14
Term
Asset
Definition
Anything of value owned
Card 15
Term
Liability
Definition
Financial obligation or debt