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economics: budgeting notes

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Earned Income
Salary: Fixed payments at regular intervals
Wage: Hourly rate of pay
Bonus: Additional money for excellent work
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Resources
Earned Income
Salary: Fixed payments at regular intervals
Wage: Hourly rate of pay
Bonus: Additional money for excellent work
Piec

Sign up

Sign up to get unlimited access to thousands of study materials. It's free!

Access to all documents

Join milions of students

Improve your grades

By signing up you accept Terms of Service and Privacy Policy

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?

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economics: budgeting notes

2

Share

Save

Economics

Study note

Resources
Earned Income
Salary: Fixed payments at regular intervals
Wage: Hourly rate of pay
Bonus: Additional money for excellent work
Piec
Resources
Earned Income
Salary: Fixed payments at regular intervals
Wage: Hourly rate of pay
Bonus: Additional money for excellent work
Piec

economics: budgeting notes

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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?

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?

Can't find what you're looking for? Explore other subjects.

Knowunity is the # 1 ranked education app in five European countries

Knowunity is the # 1 ranked education app in five European countries

Knowunity was a featured story by Apple and has consistently topped the app store charts within the education category in Germany, Italy, Poland, Switzerland and United Kingdom. Join Knowunity today and help millions of students around the world.

Ranked #1 Education App

Download in

Google Play

Download in

App Store

Still not sure? Look at what your fellow peers are saying...

iOS User

I love this app so much [...] I recommend Knowunity to everyone!!! I went from a C to an A with it :D

Stefan S, iOS User

The application is very simple and well designed. So far I have found what I was looking for :D

SuSSan, iOS User

Love this App ❤️, I use it basically all the time whenever I'm studying