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Business Chapter 28 Vocab
Terms in this set (11)
A plan of expected income and expenses over a certain period of time.
Gross pay minus deductions, also called take-home pay.
The total amount of money earned in a specific period of time before deductions.
The difference between planned spending and actual planning.
Expenses that occur regularly and must be paid regularly, such as rent and car insurance.
The amount of money a person earns or receives during a given period of time.
The process of planning how to get the most from your money.
Amounts of money taken out of a paycheck for expenses such as taxes, health insurance, retirement, and union dues.
Money subtracted from a paycheck for taxes, social security, and other deductions.
Expenses that fluctuate and over which you have some control, such as food and entertainment.
Items you have to spend money on such as food, rent, and clothing, or expenses.
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