📚Money words

Grown-ups use funny words for money things. Here's a cheat sheet.

💵Income

Money that comes IN to you. Like pay from chores, a gift, or pocket money.

🧾Expense

Money that goes OUT. Anything you spend or give.

📋Budget

A simple plan that says 'this much for spending, this much for saving, this much for giving'.

🏺Vault

A named jar (and a matching digital pocket) for one goal.

✨Interest

Extra money you get for letting your money rest somewhere safe — or extra money you pay if you borrow.

🪙Principal

The starting amount of money before any interest is added.

⬇️Deposit

Putting money INTO a vault or account.

⬆️Withdrawal

Taking money OUT of a vault or account.

🤝Loan

Money someone lets you borrow now — you promise to pay it back later, usually with a little extra interest.

🌱Investment

Money you put somewhere hoping it will grow over time. Can go up OR down.

❤️Charity

A group that uses money to help people, animals or the planet.

🧾Receipt

The little paper or screen that proves you spent or got paid.

📊Saving rate

How much of your money you keep instead of spending. 50% saved means half!

🏔️Net worth

Everything you OWN (money + things worth money) minus everything you OWE.