Debit and credit
The service everyone uses who earns income.
What is Financial institutions?
A source of revenue
Why is sales tax important
Like most consumers,you probably have a hard time determining the difference between wants and needs
What’s the difference between wants and needs?.
There are many things you will learn in your future and how will you earn
What is income?
You pay yourself first.
What does it mean to save your money?
A business that offers money-related services
What is a credit unions,Banks?
A copay Money paid out of pocket
What is a co pay used for?
A record of income and spending and making a plan for money.
What is a budget used for.
If you have less money, you pay more
Why do you pay more in income tax?
Putting money into a savings account
What’s an savings account Used for?
A credit is authorizing the to buy goods.
Do you have a credit?
A percentage tax is imposed in the retail price of most items.
what do people used percent tax for?
Expenditures Money that is spent on goods.
Do you use expenditure?
A gross annual income is a total pay.
What is a total pay used for?
A premium is amount paid for an insurance policy.
Have you used premium before?
A card that looks like a credit card but operates like cash….
What’s is an Debit card?
Sales tax is a source of revenue
Why don’t we have tax on Black Friday?
Impulsive buying is making a purchase on an immediate want pressure of advertising.
Do you impulsive buy On things?
A gross monthly income is a total amount if earning.
What would you do with earning?
A risk is a possibility of financial loss
Have you ever took risk in your life?
Pay pal an online payment service
What is pay pal used for?
Medicare a social insurance system?
What does this system provide?
Long term goals are plans that make to accomplis
Would you use long term goals for yourself?
Federal income tax is based on income.
A debit is an amount deducted from a bank
Do i use a debit in life?