Spending that changes from month to month

Spending you expect and for which you plan

Spending for an emergency, an urgent need, or an impulse purchase

Expenses that occur once or a few times a year

Income not earned on a regular schedule

A plan for managing income and expenses

A document that tracks the amount of income and expenses for a period of time

The next best alternative that is given up when a choice is made

Giving up something of one thing in order to acquire more of another

Automatic Teller Machine

A plastic card that is used to deduct funds automatically and immediately from a checking account

A plastic card with a microchip that both stores and transfers information

Adding money to a bank account

Subtracting money from a bank account

Guarantees your bank deposits up to $250,000

Confidential code used to access private financial information or to make a transaction

A payroll tax that transfers money from people who are working to those who receive Social Security, Medicare, or disability payments

The agency that collects federal income taxes

Money paid for the use of someone else's money

Writing a check or using a debit card for an amount that is more than the amount on deposit in a bank account

The fee charged by a financial institution for certain services it provides to customers

Total earnings for total hours worked

Amount of earnings received after all deductions (including taxes) have been taken into account

Same as Net Pay

A tax on earnings

A tax paid by people who own homes, business properties, condominiums, or other real estate

Amount of money automatically subtracted from gross pay for taxes, insurance, retirement benefits, etc

Payments by government to people who do not currently perform productive services