Budgetting

The amount of money you make for the whole year

• Gross Pay

• Net Pay

• Salary

The amount of money earned each week before any taxes or other expenses taken out

• Net Pay

• Gross Pay

• Salary

The money left over AFTER taxes and other expenses are taken out of your paycheck

• Gross Pay

• Net Pay

• Salary

Tax paid to the government from your paycheck

• Income Tax

• Federal Income Tax

• State Income Tax

• Local Income Tax

Tax paid to the state from your paycheck

• Income Tax

• Federal Income Tax

• State Income Tax

• City Income Tax

Money paid to help people who are no longer working

• Income Tax

• Medicare

• Social Security

Federal Health Insurance program for people over 65

• Social Secruity

• Medicare

• Income Tax

Money you pay to the government for a loan using a certain percentage

• Income Tax

• Interest Rate

• Penalty Cost

Bill you pay for your housing if you do not own it

• Rent

• Mortgage

• Down Payment

Bill you pay for your housing if you do own it

• Rent

• Mortgage

• Down payment