Intro to Finance Vocab Terms

Front

Way to save for retirement?

Back

401k

Front

FICA stands for?

Back

Federal Insurance Contribution Act

Front

Total pay after tax deductions?

Back

Net Income

Front

Pay period is...

Back

the frequency payroll is processed and checks issued.

Front

Fixed expenses

Back

never change

Front

Variable expenses

Back

Change or adjust based on usage and spending.

Front

Unexpected expenses include:

Back

Pop up/emergency expenses

Front

NOT a tax withholding on your paycheck?

Back

401k

Front

A budget is a

Back

Spendings Plan

Front

A person relying on another for financial support.

Back

Dependent