Term
| a ___________ is a plan for managing money during a given period of time |
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Definition
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| ____________ is any money coming in |
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| ______ __________ is the total amount of income from your wages or salary before payroll deductions |
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Term
| _______ __________ are the amounts subtracted from gross income |
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Term
| after your payroll deductions are removes from your gross income you will be left with ___ ________ |
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Term
| taxes are fees placed on __________,___________,or ________ to support goverment programs |
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| _________ ________tax is used to support federal goverment progams |
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Term
IRS is an abbreviation for
____________ ____________ _________ |
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Term
| ___________ ____________ ______ is a program which provides old-age, survivors, and disability insurance |
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Term
| the money you spend on your needs and wants, money going out, is called __________ |
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Term
| _________ ________ have set dollar amounts and are the exact amount every time |
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| __________ _________ can change, which means you usually have more controll over them |
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| ________ __________ is how you handle your money going out |
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Term
| what does P.Y.F. stand for |
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| what are some ways to strecth your dollar? |
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Definition
* Ebay
* coupons
* wholesale clubs |
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Term
| what are some ways to find out if your purchase is ideal? |
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Definition
* shop around
* family
* reviews
* fine print
* product guides |
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Term
| a personal budget for managing money during a given time periods |
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Definition
| spending and savings plan |
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Term
| Income is any money coming ___ |
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Definition
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Term
| expenses are any amounts of money going ___ |
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Term
| what is the purpose of Form W-4 |
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Definition
| to allow the employer to with hold federal income taxes from the employees wages |
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Term
true or false
a cable bill is an example of a fixed expense |
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Term
true or false
income and spending should balance each other |
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