Vocab
total earnings before any deductions, such as taxes and retirement contributions
What is gross pay?
A budgeting method that allocates a specific amount for needs, wants, and savings
50/30/20
In what areas is there a greater reliance on personal vehicles
What is rural areas?
Ms. Love's favorite color
What is burgandy?
The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare
What is the cost of living?
A budgeting method where earnings are assigned a role to spend, save, or invest
What is zero based budgeting?
Located near water, offering beautiful views and recreational opportunities.
What is water front property?
The villian in the first ever Spiderman
Who is Green Goblin?
Essential services such as water, eletricity, and gas
What is utilites?
Budget strategy where cash envelopes are used
What is cash envelope system?
The biggest cost for Americans
What is housing?
The first Disney Princess
Who is Snow White?
Income that varies from week to week
What is variable income?
Amounts taken out of your gross pay, including taxes, insurance, and other withholdings
What is deductins?
This city has the highest housing costs in the US
What is New York City?
Played the Green Goblin and Harry Osborn in the Tobey Maguire Spiderman movies
Who is James Franco?
Total earnings after payroll taxes and other deductions have been taken out
What is net pay?
The pay you should use for budgeting
What is net pay?
The federal government defines a person to be housing-burdened if their housing costs are at least?
What is 30%?
When is Thanksgiving Break?
What is November 23-27th?