A | B |
budget | probable expenditures |
interest | money charged by lenders |
credit | financial trust extended by lender |
stock | a share of a Corporation |
social security | social insurance system |
gross annual income | total yearly income before taxes |
gross monthly income | total monthly income before taxes |
net annual income | total yearly income after taxes |
net monthly income | total monthly income after taxes |
FICA | social security |
tax | funds paid to maintain government operations |
NMI | net monthly income |
debit | amount deducted from bank account |
sales tax | money paid on purchased items |
fixed expenses | obligations that do not change in amount |
variable expenses | expenses that may change in amount |
medicare | medical insurance |
property tax | taxes paid on real estate |
financial institution | a bank/credit union |
credit card | plastic issuing credit to be paid monthly |
ATM card | card for automated teller machine |
cooperative learning | students working together |
invest | commit money to gain profit |
income tax | percentage of one's income paid to government |
investment portfolio | one person's collection of investments |
mortgage | loan to buy property |
occupation | job |
tax-deferred investment | untaxed investment until you use it |
PIN number | number to access checking account |
check register | accounting of all money deposited and spent in a checking account |
savings account | interest bearing bank account |
dividends | earnings through your investments |
stock price graph | ups and downs of stock prices |
unlucky chance card | unexpected expenses |
lucky chance card | unexpected income |
use a credit card | buy now, pay later |
use a debit card | buy now, pay now |
interests | things you like |
abilities | things you are good at |