Spending on items required to live e.g. rent or mortgage repayments, food and drink, water supplier, gas and electricity.
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Card 17
Front
Earnings, savings and interest payments received within a certain time frame.
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Card 18
Front
Tax paid on earnings from employment, self-employment and interest on savings.
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Card 19
Front
A rise in prices which means that the purchasing power of money falls.
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Card 20
Front
Products that give financial protection against certain events. For example, someone who has travel insurance might be able to claim back the cost of their holiday of they have to cancel through illness.
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Card 21
Front
Money paid into financial products; the aim is that the value of the product will grow over time so the person will eventually receive back more money than paid in. This is a way of saving money over the medium or long term.
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Card 22
Front
Compulsory outgoings; they do not necessarily apply to everyone but if they do they must be paid.
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Card 23
Front
A loan taken out to pay for a property, usually over a long term such as 25 years.
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Card 24
Front
Money deducted from the pay of people who are employed or self-employed and used by the government to fund state pensions or benefits.
Back
Card 25
Front
The things that people require to survive, such as food, basic clothing and a place to live.
