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