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Money earned from doing your job and completing your work.
INCOME
A card that allows you to buy using your own money
DEBIT CARD
DEBT
Money earned from doing your job and completing your work.
INCOME
When a person takes their money out of a bank account to be spent.
WITHDRAWL
A written way to pay for something.
CHECK
Money that is placed in a bank account.
DEPOSIT
Items that are produced and bought.
GOODS
_________ is a fee paid to a lender when borrowing money
INTEREST
a yearly federal tax on a person's earnings
INCOME TAX
__________ the process of setting income aside for future spending. This can be useful for emergencies and long term goals
SAVINGS
The money put aside for unexpected events
EMERGENCY FUND/SAVINGS
A piece of paper or scan code that provides a discount for the user.
COUPON
The money spent on something.
EXPENSE
A person or business that buys goods or services.
CONSUMER/CUSTOMER
A card that allows you to buy using the bank's or other institution's money
CREDIT CARD
This account offers easy access to your money for your daily transactional needs and helps keep your cash secure
CHECKING
To grow ones money over time.
INVESTING
The same expenses you have every month (Mortgage(s), Rent, Lease / car loan payment)
FIXED EXPENSE
A number assigned to a person that indicates to lenders their ability to repay a loan
CREDIT SCORE
Expenses that change every month (Groceries, clothing, fuel, entertainment, eating out)
VARIABLE EXPENSES
A table for recording information about checks written on a bank account
CHECK REGISTER
Things people must have to live -What is this called?
NEED
Starbucks decides to sell small pieces of ownership in their company so they can make more money. What are these pieces called?
STOCKS
To give something away--What is this called?
DONATE
A card that is pre-loaded with money that you can only spend at certain stores is called a _____?
GIFT CARD
A place where people trades and track the value of different shares is called the
The amount of money you take home after deductions.
NET PAY
Income before taxes
GROSS PAY
Tax on a sale of goods or services, paid at that time.
SALES TAX
the amount of money collected on the value of a property for the local government as required by law
PROPERTY TAX
money withheld from a worker's paycheck to fund federal programs such as Social Security and Medicare
PAYROLL TAX
the total amount of money in a bank account at any given time
BALANCE
The amount of money you pay before an insurance company begins paying.
DEDUCTIBLE
a SET payment that a person receives in exchange for work performed
SALARY
The smallest amount that can be paid to meet loan requirements.
MINIMUM PAYMENT