I'm Rich!
Show me the Money$
Call me Super Star
I'm in the MONEY
Financial Wizzard
100
money a person is given in return for labor or services
What is earnings
100
An amount of money taken from paycheck to fund federal programs like the military and technology
What is Federal TAX
100
Type of insurance that pays your medical bills when you are sick or injured
What is Health Insurance
100
A federal program of health insurance for persons 65 years of age and older
What is Medicare
100
Automated Teller Machine
What is ATM
200
Money deducted from your paycheck that goes to the state government programs like education and roads
What is State TAX
200
The period extending from the beginning of the year to the present.
What is Year to Date
200
a savings account you can access quickly to pay for unexpected expenses or emergencies.
What is Emergency Fund
200
Expenses that stay the same each month. Example rent, car payment, student loan payment
What is Fixed Expenses
200
Money received on a regular basis
What is Income
300
What you give up when you chose something else
What is Opportunity Cost
300
Whenever you receive money, you should immediately put a certain amount of it into some sort of savings account
What is Pay Yourself First
300
The price paid for using someone else's money
What is interest
300
A plan for making and spending money
What is Budget
300
When there is not enough income to pay all expenses.
What is Deficit
400
Money that remains after you have paid for regular or needed expenses
What is Discretionary Income
400
the total amount of income from wages before any payroll deductions & Taxes
What is Gross income
400
being in cash or easily convertible to cash, How easily an asset can be converted into cash
What is liquidity
400
The amount of an individual's take-home pay after taxes and other deductions have been taken out
What is Net Income
400
When you take money out of an account
What is withdrawal
500
Net Income
What is The amount of an individual's take-home pay after taxes and other deductions have been taken out
500
An account that allows quick access to funds using checks
What is checking account
500
When you place money into an account
what is deposit
500
An institution for receiving, keeping, and lending money
What is a bank
500
A card used to withdraw money from your checking account
What is debit card
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CHS Personal Finance 1-3
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