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Resources Earned Income Salary: Fixed payments at regular intervals Wage: Hourly rate of pay Bonus: Additional money for excellent work Piecework: Payment for each piece created Other Income Fringe benefits: Benefits in addition to payments such as insurance, vacation time, stock options, etc Interest: Money paid to account holders for not touching their money Dividends: Payments to stockholders Gifts Inheritance Rentals. budgeting Disposable Income Any money left after required taxes and bills have been paid. Expenses Fixed regular payments of a set amount Rent/Home loan Car payment Gym membership ✰Cell phone Variable - payments that can change through the course of time Food Entertainment Clothing Electric bill Gas Creating A Budget Questions to consider when making a budget: What is the time period? (Day? Week? Month? Year?) What is your income? What are your expenses? How much do you want to save? What are your top priorities?
iOS User
Stefan S, iOS User
SuSSan, iOS User
economics: budgeting notes
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vocabulary for your business class and if you want to be an entrepreneur
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This study guide includes important vocabulary words such as tax, federal reserve, government revenue, the automated clearing house, and the IRS.
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Chapter 1 - Economics Chapter 2 - Economic Systems Chapter 4 - Demand Chapter 5 - Supply Chapter 6 - Market Equilibrium Chapter 12 - Investments and Stock Market
Resources Earned Income Salary: Fixed payments at regular intervals Wage: Hourly rate of pay Bonus: Additional money for excellent work Piecework: Payment for each piece created Other Income Fringe benefits: Benefits in addition to payments such as insurance, vacation time, stock options, etc Interest: Money paid to account holders for not touching their money Dividends: Payments to stockholders Gifts Inheritance Rentals. budgeting Disposable Income Any money left after required taxes and bills have been paid. Expenses Fixed regular payments of a set amount Rent/Home loan Car payment Gym membership ✰Cell phone Variable - payments that can change through the course of time Food Entertainment Clothing Electric bill Gas Creating A Budget Questions to consider when making a budget: What is the time period? (Day? Week? Month? Year?) What is your income? What are your expenses? How much do you want to save? What are your top priorities?
Resources Earned Income Salary: Fixed payments at regular intervals Wage: Hourly rate of pay Bonus: Additional money for excellent work Piecework: Payment for each piece created Other Income Fringe benefits: Benefits in addition to payments such as insurance, vacation time, stock options, etc Interest: Money paid to account holders for not touching their money Dividends: Payments to stockholders Gifts Inheritance Rentals. budgeting Disposable Income Any money left after required taxes and bills have been paid. Expenses Fixed regular payments of a set amount Rent/Home loan Car payment Gym membership ✰Cell phone Variable - payments that can change through the course of time Food Entertainment Clothing Electric bill Gas Creating A Budget Questions to consider when making a budget: What is the time period? (Day? Week? Month? Year?) What is your income? What are your expenses? How much do you want to save? What are your top priorities?
iOS User
Stefan S, iOS User
SuSSan, iOS User