personal finance
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| taxes | required charges of citizens by local, state, and federal governmants
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| W-4 | employees withholding allowance certificate
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| I-9 | Form used to prove your identity
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| W-2 | states the amount of money earned and taxes paid throughout that year
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| paycheck | paper check with stub
least secure method of payment
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| direct deposit | employers directly deposit your paycheck into your bank account
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| payroll card | a card that electronically hold your money
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| pay period | the length of time for which an employees wages are calculated
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| gross income | the amount of money that you have before payroll withholdings
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| FICA | federal insurance contribution act
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| human capital | the process of self investment
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| transferable skills | skills that you can use from one job to the next
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| job | a specific task done as a part of the routine of one's occupation.
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| occupation | a wide category of jobs with similar characteristics.
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| barter | an exchange in goods for other goods with out using money
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| want | a desire for something that you do not need
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| need | something essential for life
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| value | the regard that an item is held to deserve; the importance, worth, or usefulness of something
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| paper currency | paper money
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| the first people to create a good form of money | the Chinese
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| what do values influence | Influenced by family, friends, teachers, coaches, television, and movies
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| how do values influence wants | If being popular or having all of the newest gadgets is valued, a person may have a lot of wants
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| decision | a choice that is made about things that effect a persons
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| routine | made on a daily basis and don't require a lot of thinking
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| major decison | a large decision that takes a lot of time to think through and can effect many things in your life
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| goal | a plan for the future
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| short term goal | a goal for that will be reached in the next year
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| long term goal | a goal that will be reached within the next 5 years
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