Stuff I found
A retirement savings plan that offers tax benefits while helping plan for the future
401k
The money that you originally agreed to pay back
Principal
Compensation paid to employee's in exchange for their time and labor
Wages
A legal proceeding initiated when a person or business is unable to repay debts
Bankruptcy
Removing funds from a bank account,savings,plan,pension or trust
Withdrawal
An increase of value in an asset overtime
Appreciation
things that are nice but not necessary
Wants
Expenses that change in amount from month to month
Variable Expenses
A separate savings account used for covering unforeseen expenses
Emergency Fund
Placing money into the care of a bank or other financial institution.
Deposit
Anything that an individual owns that has monetary value
Asset
A security that represents the ownership of a corporation.
Stock
Wages withheld from an employee's total earnings for the purpose of paying taxes and or other expenses like insurance.
Payroll Deductions
The reduction of value in an asset overtime
Depreciation
An asset or item acquired with the goal of generating income or appreciation
Investment
A set amount of money for an amount of time.
Budget
Equity ownership in a corporation or financial asset, owned by investors who exchange capital in return for units.
Share
Something necessary for survival or basic functioning
Need
Using your personal information such as your name, social security number, or credit card number.
Identity Theft
The ability to borrow money or obtain goods and services before payment with the promise that you'll repay it in the future.
Credit
A sum of money that one or more individuals or companies borrow from a bank or appreciation
Loan
Mandatory contributions levied on individuals or corporations by the government
Taxes
A wage set by contract or by law as the lowest that may be paid to employees.
Minimum Wage
A financial liability or obligation owed by one person, the debtor, to another, the creditor
Debt
A payment card that deducts money directly from a consumer's checking account when it is used
Debit Card