Module Resources
The purpose of this glossary is to organize resources throughout all modules.
Browse the list or use the Search field to filter by keyword.
All categories |
SPENDING 1 |
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Financial Beginnings®The name of the nonprofit who developed this program. |
INFLATIONSustained increase in the price of goods and services in an economy over a period of time. |
INTERESTThe cost of borrowing funds. |
NCUAThe National Credit Union Association insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions. |
NCUSIFThe National Credit Union Share Insurance Fund provides deposit insurance to protect the accounts of credit union members at federally insured institutions in the U.S. |
NEOBANKSDigital-only banks that operate exclusively online or via mobile apps without physical branch locations. |
ONLINE BANKINGMany banks and credit unions allow you to access your account online and do things such as make transfers or pay bills. |
OVERDRAFT PROTECTIONWhen you spend more than is in your account and the bank still pays the items. |
OVERDRAWNYou have a negative balance in your account. |
REGISTERWhere you write down debit purchases and deposits. |