Credit
Determines your creditworthiness
Credit score
Average Income for basic neccesities
Cost of Living
Form used to report the taxable income a worker received during the calendar year
W-2
fees charged by the government on products, activities or income
Taxes
An employee who sells insurance from one insurance company
Insurance Agent
Max amount a lender is willing to give
Credit Limit
Aqquiering knwoledge
Education
-must be filled out when you start a job
-income taxes are withheld according to income amount & exemptions claimed on this form
W-4
tax imposed by many states, counties and cities on purchases
sales tax
A type of insurance that protects you from lawsuits, usually against your customers or people using property that you own.
Liabiltiy
Yearly Charge to use a Credit Card
Annual Fee
Shown as a gratitude for services
Tips
Form workers have to complete so an employer scan verify that they are eligible to work in the U.S
I-9
tax paid on the money one earns from working
Income Tax
The cost of an insurance policy
Premium
Money stress and negative impacts
Credit irresponsibilty
Compensation above and over the wages
Benefits
The amount of a paycheck after deductions
Net Pay
items that can be deducted from one's total income before taxes are assessed
Exemptions
The amount an insured person must pay before the insurance company pays the remainder of each covered loss, up to the policy limits
Deductible
A report on ones credit history
Credit Report
Extended hours added to additional ones which are sometimes used for added wages
Overtime
the total amount you earn before any deductions are subtracted
Gross Pay
the federal agency responsible for administering and enforcing the Treasury Departments revenue laws
IRS
A provision within an insurance policy that eliminates coverage for certain acts, property, types of damage, or locations
Exclusion