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| Interest paid on interest previously earned; credit daily, monthly, quarterly or semiannually |
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| Five hundred dollars in readily available cash to be used only in the the event of a emergency; the goal of the first foundation |
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| Percentage paid to a lender for the use of borrowed money (in debt): percentage earned on invested principal (in investing) |
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| The five steps to financial success |
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| Saving money over time for a large purchase |
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| An itemized summary of probable expenditures and income for a given period |
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| The amount by which expenditures exceed income |
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| An unchanging expenditure |
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| An expenditure that varies |
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| An amount of money remaining after all expenses have been met |
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| money received after all adjustments and deductions are made |
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| automatic teller machine- a bank machine that gives out cash from your account and accepts deposits around the clock |
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| Balancing a checking account |
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| calculations that are made to determine the difference between the payments from, and the deposits to, a checking account |
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| financial institution at which you can get an checking account or saving account |
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| monthly printout from your bank that allows all transactions in your accounts |
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| a no-frills checking account that offers low minimum opening deposit and reduced fees for students |
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| a debit against your checking account written on a paper form |
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| business that charges a fee to cash a check such as a payback. banks will provide this service for free to their customers |
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| the book in which you keep records of checks, deposits, debit card transactions, and ATM withdrawals |
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| like a credit card, but directly attached to a checking account, and can be used with PIN to pay for items at a store |
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| an automatic deposit of a paycheck without having to take physical check to the bank |
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| service fees for use of the checking account, built into the service agreement |
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| Interest-Bearing checking account |
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| a checking account that pays interest on the balance |
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| amounts withdrawn from your account beyond the money the account held. also known as non-sufficient funds (NFS), or bounced check |
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| a short term very high interest cash advance based on a paycheck. usually from private non- bank sources, these loans are often due the next pay day |
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| a summary that shows total income and spending for a given time period |
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| a copy of each check you write |
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| series of envelopes that are divided into categories and are used to store cash planned monthly expense |
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