the money you receive for working. (This is a flat amount per week, per month, or year.)
to take out of, or subtract. (Taxes are deducted from your salary.)
total income before taxes and deductions are taken out (More)
income after deductions are taken out. Net income is less than gross
yearly-once a year
once a month
taxes taken out of an employee's paycheck
taxes paid by the employer on behalf of their employees
a tax paid by the consumer when they buy something
a tax on real estate by local government
to take money out of an account. When you make a withdrawal, your account balance goes down
an organized plan for spending and saving money
a budget where income is greater than expenses (you earn more than you spend)
an expense that changes each month
an expense that stays the same each month
money paid regularly at a percentage rate for the use of money lent or deposited into a savings account
the money left in an account after spending
the journal used to record all of the checks and payments during an accounting period
money that you are given regularly, especially to pay for a particular thing
money put IN to an account; balance goes up
something you do that changes the balance of your account; either a deposit or withdrawal
a person who purchases goods and services
money that a bank charges for various services at the bank, such as buying checks
a gift made by an individual to a non-profit organization or charity
the process of paying someone or something
money paid to the government in exchange for public "free" services such as road maintenance and police protection
a written order asking banks to pay a certain amount from YOUR checking account to the payee. It can take several days
a card issued by a bank that allows a user to buy items and services immediately and pay for the cost later.
an identification card that is issued by a bank and allows user immediate use of money in their bank account. Usually has a PIN (Personal Identification Number) to keep it safe. Easy to use but not always accepted.
when you take money from one area of spending and add it to another to make sure you are not spending more than you earn. This could happen to pay an unexpected bill or save for a vacation or special event
Money set aside from your earnings to use at a later time. If you deposit into a savings account into a bank you may earn interest on that money over a period of time.
Currency used by consumers. In the U.S.A. we use dollars and cents.
Money taken from your earnings to pay for taxes, insurances and other services your employer offers. Variable amounts that are subtracted, or deducted, from your gross income.
To work for a certain amount of money.
Amount of money a person earns per hour, week, month or year.
The financial worth of a product or service.
Having to do with goods being sold. Example: A retail store sells goods (toys, clothes, electronics, food, etc...)
A payment made each month to a financial institution (bank, loan service) to pay for the cost of a car/truck/motorcycle.
A payment made each month to a financial institution (bank, loan service) to pay for the cost of a home you are purchasing.
A monthly payment made to a property owner in order to live in their property (house, apartment, trailer, etc..)
A receipt given to an employee by their employer documenting wages (Gross income), deductions and total net income.
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