Benefits of taxes
what is funding communities
Types of depository institutions
What is a bank and credit union Saving institutions
Forward looking income and expense statement often refereed to as a budget
What is spending plan
Wages or salary before deductions
What is earned income
Equation for Net worth
What is assets-liabilities
Tax based on your income
What is federal tax
Main form of funding
Deposits from costumers
Importance of spending plan
Considers opportunity costs and manage money
Income received from Government plans
What is scholarships/grants and government programs
Shows the dollar amount of what you own
What is assets
That tax on earned income
What is payroll tax
Which institution has NCUA Insurance
What is credit union
Deductions often taken from paychecks
What is federal Income tax, Social Security, and Medicare
What category is life insurance under
What is insurance premiums
The amount that you owe
What is liabilities
Tax on land buildings and houses
What is property tax
What institution has FDIC Insurance
What is a Bank
Housing costs
What is rent/mortgage and utilities
What category does vacations lie under
What is entertainment
A tool that shows your financial position
What is a net worth statement
Tax on purchased goods
What is sales tax
Im a nonprofit
What is credit union
What category does cell phone lie under
Educational expenses
What is tuition for private school, private lessons, sports and organization fees, educational supplies.
Another name for Statement of Net Worth
What is balance sheet