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Gross annual Income Total earnings after a year without any dedutctions
Gross monthly income Total earnings after a month without any dedutctions
Net Annual income Total earnings after a year with deductions
Net monthly Total earnings after a month with deductions
Stocks Fractional ownership in a company
Bonds Issuer promises to pay bond buyer certain sum of money after a stated period
Mutual funds Professionally managed investment with money pooled from shareholders to buy stocks and bonds
Budget A record of income and spending and a plan for managing money
Credit card Card authorizing the holder to buy goods and services that can be paid later
Debit card Card that looks like a credit card but operates like cash
Sales tax A source of revenue for most state government
Created by: eriwis2020