Whats the word?
what is Gross income?
income BEFORE taxes
what are some common expenses?
bills, house, rent, transportation, groceries,
ways to receive money
job, extra chores, make and sell, bake sale etc
what is Net Income?
income you actually get after taxes
last step to cash a check?
sign the back of it
what is the difference between checking and saving accounts?
checking-everyday spending
savings- money stays there and builds interest
what is net income
money you actually get, after taxes
if i have 2 quarters, 3 dimes, 1 nickle, 2 dollar bills, and 3 pennies how much money do i have?
$2. 88
what could you do to help save money?
spend less, put back money each time you get paid, work more jobs, ask for raise
what is gross income
income before tax
what are the numbers at the bottom of a check?
banking info, routing number and account number
difference between a want and a need . example?
want is something youd like to have
*new clothes, shoes, robucks, games, makeup
need is something you have to have
*water, food, shelter, heat
what information do you need to wriite out a check?
your name, who its going to, date, amount in number form and written form
if you had $100, would you budget $25 a week, $3 a day or spend all at once?
why?
budget $25/wk
what is a budget?
estimate of income vs expenses