Income and Economy

Front

Which of the following is a good habit of a wealthy person? Leasing a new car, Spending less money than he or she makes, Replacing things that are not broken, Carrying debt

Back

Spending less money than he or she makes

Front

The money you bring in on a regular basis.

Back

Income

Front

The money you spend on a regular basis.

Back

Expenses

Front

an unfixed regular payment based on an hourly rate, typically paid on a weekly or biweekly basis.

Back

Wages

Front

a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum.

Back

Salary

Front

The total amount of money earned during a pay period before deductions.

Back

Gross pay

Front

The amount of money left after all deductions have been withheld from the gross pay earned in the pay period.

Back

Net pay

Front

Total of all of the deductions which have been withheld from an individual’s paycheck from January 1 to the last day of the pay period indicated on the paystub

Back

YTD

Front

The length of time for which an employee’s wages are calculated.

Back

Pay Period

Front

A document included each pay period which outlines paycheck deductions

Back

Paystub