money in coins or bills

money that you borrow from someone for a specific purpose or an unforeseen event with a promise to pay back. When you borrow the money, you incur a debt and have to pay the money back to the lender over time, and a little extra money – called interest.

a plan related to money; e.g., a high school student who works part-time might plan that each time they are paid, they will give 25% of it to their family, save 25%, and spend the other 50%

a card (e.g., from a bank) that allows you to purchase items and pay for them later

an amount of money you can borrow to use to reach a goal of purchasing a car. Sometimes if referred to as a “car finance”

something that is essential to purchase in order to live

an electronic money transfer from your bank account to someone else’s

a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses

something that is purchased for personal enjoyment or happiness

re used in stores where there is a debit/credit machine, or used to withdraw cash from an ATM. In both cases, the money is withdrawn from the account at the time the transaction is made.

refers to a loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, typically in a series of regular payments that are divided into principal and interest

money that is or will be spent

re often used when sending payment through the mail; the funds must be available in the related chequing account.

the length of time of the loan, expressed in years

a budget plan that we practiced, including a percent to save, spend, and share.