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Tax used to fund hospital insurace provide under the Social Securtiy System |
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A tax used to provide support to old-age, surviors, and disablity |
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Gross income minus deduction |
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Any money spent or given away |
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A plan for spending and saving money |
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Expenses that change from month to month |
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Fees used to support government programs |
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Ant money a person recives |
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Sometimes reffered to as "cash flow" |
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A tax collected by the employer and paid to the state revenue dept |
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Amounts subtracted from gross income |
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The amount of income before deductions |
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Expenses that have a set dollar amount each month |
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Taxes paid to the Internal Revenue Service (IRS) |
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What are two types of Expenses? |
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Fixed Expenses & Variable Expenses |
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What are three ways to "Handle your Cash"? |
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Definition
Checking Account, ATM, Quick Check Account |
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What are some ways to strech your dollars? |
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Definition
Ebay, coupons, wholesale club |
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What are some ways to find out if you are getting the best deal on expensive purchaces? |
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Shop around (dif places), Talk to family and friends, Reviews (magizine, newspaper, tv), Product (comsumer report) |
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Things to remember with accounts |
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Definition
Minimum Balace, Annual or Monthly fees, Insufficient Funds, ATM fees |
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