money
budgeting
saving
tax
100

a medium of exchange which is widely circulated and generally accepted as a standard of value by a society.

Money

100

a system in which means of production are owned and operated by individuals and privately-owned organizations for the purpose of making profits

Private Enterprise

100

the amount of money asked for or given for the purchase and sale of goods, services and property

Price


100

Social Security

government program of social benefits and pensions

200

what is a DEBT

when you owe a person, government, or company.

200

what is a Budget

a plan for the use of money based on goals and expected income and expenditures

200

the process of measuring the value of a specific item by other items that could be had for the same price

Opportunity Cost


200

state tax

Tax charged at the state level

300

What is Entrepreneur

someone who runs their own business

300

Net pay

amount of money you bring home after taxes/deductions



300

wealth that can be readily converted to cash.

Liquid Assests

300

tax

money that people pay to their government in return for services

400

what is INCOME

money that is earned from doing work or received from investments

400

Income Taxes

a tax on the net income of individuals or businesses; the largest single source of federal revenue.

400

What is the money saving rule 

50,30,20 Rule

400

Federal Budget

a plan for the federal government's revenues and spending for the coming year

500

what is GRANT

an amount of money given especially by the government to a person or organization for a special purpose:

500

Credit Limit

The maximum amount that may be borrowed on a credit card

500

one who buys or does business with a particular store or firm; person who makes a purchase

Customer

500

federal tax

Government income generated from taxes

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