General
This is a plan for how you will earn, save, and spend your money.
Budget
This part of a pay stub shows the total amount of money you earned before any taxes or other deductions are taken out.
What are gross earnings?
Someone opens up a checkings account at a bank, what kind of card did they get?
Debit Card
Funding the Military
Federal Government
This is money you earn from working, doing chores, or running a business.
What is income?
This part of a pay stub shows the money taken out of your paycheck for things like taxes and insurance.
What are deductions?
The type of bank account is connected to your debit card
Checking Account
Public Education
State Government
You can clean the smell from skunk spray with tomato juice
MYTH
This is the cost of borrowing money, usually expressed as a percentage.
What is Interest?
This is the amount of money you actually take home after taxes and other deductions are subtracted.
What is net pay?
This type of card lets you borrow money from a bank or credit card company and pay it back later.
Cedit Card
Federal Government
Money paid to the national government
What is Federal Taxes?
This is money you owe to another person, bank, or company.
What is Debt?
The amount of extra time over 40 hours that you work in a week
What is Overtime
This account shows how much money you owe the credit card company for purchases you have made.
Credit Card
Sidewalk and & Construction Maintenance
Local Governement
How much you get paid for every hour that you work?
What is rate?
This term describes the process of putting money into something with the goal of growing its value over time.
What is investing?
Money put aside for you after you stop working full time
What is Retirement
Unlike a debit card, using this type of card can help you build a credit history when you use it responsibly and make payments on time
Credit Card
Drivers License and registration
State government
How often you get paid?
What is Pay Schedule?