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Definition
| tax used to fund hospital insurance provided under the soacial sercurity system. |
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| any money a person recieves |
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| a tax collected by the employer and paid to state revenue department. |
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Definition
| a tax used to provide support to old- age, survivors,and disability insurance. |
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Definition
| sometimes referred to as"cash flow" |
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| amounts subtracted from gross income |
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Definition
| gross income minus deductions |
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Definition
| fees used to support government programs |
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| expenses that have a set dollar amount each month |
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Definition
| any money spent or given away |
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Definition
| the amount of income before deductions |
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| a plan for spending and saving money |
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| taxes paid to the internal revenue service(IRS) |
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Definition
| a paper that comes along with your paycheck to show the hours and all the deductions they take out. |
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Term
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Definition
| show how your payments was applied toward your loan balance. |
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Term
| what are the different transation services? |
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Definition
| checking accounts, Atm, quick checking, |
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Term
| what is a cost/ benefit anaylsis? |
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Definition
| chossing between alternate to make the best choice. decide what your wants and needs are and think about wheter ot not the product. |
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Term
| what do u need to remember about accounts? |
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Definition
| that you something have to have a minium balances in your acccounts. Also, make sure that you dont withdrawal any money so that did wont go on your credit. |
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Term
| what is the envelope system? |
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Definition
1. label the envelope for each spending catergory.
2. place the spending money in each envelope
3. when you are ready to spend the money you take it out of the envelope |
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Term
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Definition
| if you pay a car insurance make sure you keep a copy of the papers. such as, coverage amounts and deductibles. |
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Term
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Definition
| if you pay a car insurance make sure you keep a copy of the papers. such as, coverage amounts and deductibles. |
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