What is medicar tax?

it helps you pay for medical things, such as doctor visits.

What kind of insurance covers ONLY the other person in an accident?

Liability

What is a credit card?

A credit card is something you get from the back that lets you charge money onto it, and you get a bill every month you have to pay off.

What is a Wage?

A wage is the amount of $ you get paid hourly.

What is anually mean?

Anually means once a year.

What is state tax?

State tax is money the state takes away from you.

What does comprehensive insurance cover?

Comprehensive insurance covers your vehical if a rock hits the window, or if climbs all over it and scratches the paint.

What is a Debit Card?

A debit card is like a credit card but you can't charge money one a debit card you may only use whats in your account.

How can you budget you $?

You can budget your $ by setting up a spending plan, make sure you only spend a certain amount of $ each week, or month, that way you dont catch yourself in a bad situation.

When you are told you will get paid bi-weekly what does this mean?

Bi-weekly means every other week.

What is federal tax?

federal tax is what the gov. take out for money from your pay cheak.

What is Collision insurance?

Collision insurance covers your vehical if you hit something, or some one.

What happens if you dont make payments towards your credit card?

If you dont make the payments required towards your credit card the company will charge you intrest than your bill will become higher.

What do you call the money you get paid, like your wage or a salary?

An income.

When you are told you will get paid semi-monthly what does it mean?

This means you will get paid every 3 weeks.

What is Social security?

Social security is a tax that the gov takes out of you paycheaks and you get it back when u retire.

What is the money you pay out of pocket for an accident, before the insurance company pays for the rest called?

A deductible

What is a Check?

A check is something you can right out, and use it to pay for things when you dont have cash. If you write a check, the amount will be pulled out of you checking or bank account.

If Ashley's wage is $10 an hour, and she works 7.5 hours a day, what is her total income at the end of the week?

$525 a week.

What is it called when you get paid every week?

Weekly.

What is net pay?

Net pay is the total amount you get paid, in your pay cheaks.

What is APR?

APR is Annual Percentage Rate

What does PYF stand for?

Pay Yourself First This means taking a certain amount of all money you receive and saving it to be used for spending on longer-term goals.

If you pay your insurance quarterly how many times a year will you need to make a payment?

4 times.