A cost that appears irregularly or that changes in amount (e.g., utility bills)

• Utilities

• Variable Expense

• Expenses

• Unit Price

The basic services your home, apartment, or business needs to keep it comfortable and functioning properly (e.g. water, electricity, etc.)

• Utilities

• Expenses

• Deduction

• Salary

A form of property insurance that covers losses to personal property and protects the insured person from liability claims

• Residential Lease

• Down Payment

• Utilities

• Renters Insurance

A strategy where you save a specified amount of your paycheck before doing anything with the rest of your money

• Budget

• Variable Expense

• Gross Pay

• Pay Yourself First

Any items subtracted from your paycheck, including state and federal income taxes, Social Security, health insurance or 401(k) contributions

• Salary

• Net Pay

• Deduction

• Gross Pay

A portion of the total cost of an item, such as a car or house, that must be paid at the time of purchase. The buyer will often take out a loan to finance the remaining balance.

• Loan Amount

• Unit Price

• Down Payment

• Renters Insurance

A fixed amount that you are paid over a period of time, regardless of how many hours you work

• Salary

• Gross Pay

• Wage

• Net Pay

Total earnings after payroll taxes and other deductions have been taken out; also called take-home pay

• Gross Pay

• Budget

• Net Pay

• Salary

A plan of your expected income and how you will use it to meet your expected expenses over a period of time

• Expenses

• Deficit

• Budget

• Surplus

A set amount you are paid for every hour that you work; also called hourly pay

• Expenses

• Salary

• Budget

• Wage