Budgets
Expenses that do not change from month to month
Fixed Expenses
Income Before Deductions
Gross Income
A four year degree
bachelors degree
buy now, pay later
credit
Interest on top of Interest
compounded interest
PYF
Pay Yourself First
CT minimum wage
$10.10 per hour
Name three public universities in CT
UCONN, CCSU, SCSU,
How do credit card companies make money
Intrest
What is my son's name
Dominic
Give three examples of variable expenses
Gas, Groceries, electric bill
The form you fill out to tell your employer how much to withhold from each paycheck
W4
Minimum schooling required to become a teacher
Bachelors Degree
FICO score range
300-850
CT Sales Tax Percentage
6.35%
List three ways to get out of a deficit
answers will vary
Sales people earn this type of income
Commissions
Two types of higher education options other than college
Trade School, Military
Give two examples of secured debt
mortgage and car
Define a smart goal
specific, measurable, attainable, relevant time bound
Assets - Liabilities
Net Worth
Social Security % deducted from your paycheck
6.2%
Employer sponsored savings plan
401K
something of value a lender has a lien on to reduce risk on their investment
collateral
Who is on the $10 bill
Alexander Hamilton