Housing
A formal contract between a landlord and a tenant outlining the terms and duration of a tenants use of property.
What is a Lease Agreement?
Personal hygiene, safety, budgeting, time management, nutrition, household management are all examples of...
What are Independent Living Skills?
A plan that outlines what money you expect to earn or receive (your income) and how you will save it or spend it (your expenses) for a given period of time.
What is a Budget?
A contract insurance agreement.
What is a Policy?
Total pay before taxes and deductions are taken out of earned wages.
What is Gross Income?
Not paying rent, not complying with terms of rental agreement, not appropriately maintaining the rental unit.
These are examples of....
What is a Lease Violation?
A diary written down, with the exact time it takes to do a task to completion, such as sleeping, showering, transportation to work, etc.
What is a Time Log?
Expenses, like bills, that must be paid each month and generally cost the same amount.
What is a Fixed Expense?
The amount of money that has to be paid for an insurance policy.
What is a Premium?
A portion of a company's (or states) profit that is paid to shareholders, such as the PFD.
What is a Dividend?
A fee added to your monthly rent, when your rent is not paid on time.
What is a Late Fee?
What is a Long-Term Goal?
An expense that changes each month, such as electric bill, grocery, heating fuel, and entertainment.
What are Variable Expenses?
A fixed amount you pay for covered health care services in addition to the amount paid by the insurance.
What is a Copayment?
When a person is hired for a single projects or tasks for short-term jobs, often through the digital marketplace.
What is a Gig Economy?
What is a Property Manager?
Technical skills required for a specific job, such as using a cash register, or building a shelf.
A cash reserve that's specifically set aside for unplanned expenses.
What is an Emergency Fund?
The expenses that are not reimbursed by insurance, including deductibles, copayments, services and repairs excluded from coverage.
What is an Out-Of-Pocket Cost?
Amount of money you receive in your paycheck after taxes and other deductions are taken out.
What is Net Income?
Something you should always get immediately after paying your monthly rent amount.
What is a Rent Payment Receipt?
A device to help you plan your day and set a schedule.
What is a Planner or Daily/Weekly Calendar?
Money you set aside in a secure place, that you can use in the future or to make specific purchases.
What is a Savings?
The amount of money a person must pay to providers before the insurance company will contribute toward the covered item.
What is a Deductible?
This is the amount of money left over after all bills have been paid.
What is Discretionary Income?