Accounts that are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC). This new higher amount became effective on October 3, 2008. Most banks are insured by the FDIC, so your money in almost all bank accounts is insured.

Money that comes to you from anyone in any way.

Money that wage earners pay the government to run the country. The amount of the tax depends upon how much you earn.

A phrase that means you did not have enough money to cover an expense. Usually checks that bounce are returned stamped with the phrase, "insufficient funds." The amount of the check was larger than the balance in the checking account

The amount paid by a borrower to a lender for the privilege of borrowing the money.

The price paid for the use of someone else's money expressed as an annual percentage rate, such as 6.5%.

To put your money into CDs, money market accounts, mutual funds, savings accounts, bonds, stocks or objects that you hope will grow in value and earn you more money.