An account that allows quick access to funds for transactions.

For profit depository businesses that offer financial services to both consumers and other businesses

Payment transactions that can be completed with no physical connection between the payment device and the physical point of sale (POS) terminal or store clerk.

Depository institutions that offer many banking services and are owned by their customers.

A plastic card that is electronically connected to the cardholders depository institution account.

Businesses that provide financial services

the price paid for using someone else money.

The percentage rate used to calculate interest.

Apps that many depository institutions have deployed that allow online banking access from devices such as smartphones, tablets and other mobil devices.

Allows customers to complete certain transactions from a secured internet site by using a username and password from any place in the world with internet access.

An account at a depository institutions that is designed to hold money not spent on current consumption.

Accounts offered by depository instititions whose main purpose is to help people manage their money.

A group of people with common interests and concern for the common good.

Money earned from working for pay

Taxes collected from the seller or retailer and as such often remain "hidden" in the price of a product or service, rather than being listed separately.

A tax earned and unearned income

A tax on earned income

a tax on property, such as land, buildings (including homes), and automobiles.

A tax on purchased goods and services

A sum of money demanded by a government to support the government itself as well as specific facilities or services

a person who pays a tax to the national, state, county o municipal governments

income received from sources other than employment

Items of monetary value a person or household owns

Money spent

Money recieved

Financial assets purchased with the hope that they will generate income and appreciate in value to make it possible to sell at a higher price in the future.

A debt or obligation owed to others

The amount you could realistically sell an asset for today

Assets that can be quickly and easily converted into cash

A measure of financial wealth and indicates the monetary value of all possessions that a person or household owns, minus the total amounts owed to others

A financial statement that describes an individual or family's financial condition on a specified date by showing assets,liability, and net worth.

Personal property that was purchased to create a lifestyle or improve your life

A measurement of how much a person or household owns once all debts have been paid.

An individuals income earned as salary or wages before taxes and other deductions.

Lists and summarizes income and expense transactions that have taken place over a specific period of time, usually a month or year.

A product that transfers risk from an individual to an insurance company or organization

a payment, usually monthly, applied to the balance of a home loan used when purchasing housing.

when income is greater then expenses

Take home pay

when expenses are greater than income

the portion of current income not spent on consumption

An income and expense statement sometimes referred to as a budget which records both planned and actual income expenses over a period of time

Specific objectives that are accomplished through financial planning.

Managing Money continuously through life in order to reach your financial goals.

Managing money in ways that build a sense of understanding,competence, and control.

Feeling good about one's life.

Good's or services that are required for survival.

The value of the next best alternative that must be forgone as a result of a decision.

Giving up one thing for another

A fundemental belief or practice about what is desirable,worthwhile,and important to an individual.

The desire for goods and services that can increase our quality of life but are not absolutely necessary for our survival.

something a person intents to acquire,achieve, or accomplish in the future.

A goal that will be attained in more than one year.

A goal that will be attained in less than one year.

A lifetime journey of building and applying skills, knowledge, and experiences in paid employment positions.

Grouping of occupations and industries based on the knowledge and skills required.

Training for a specific set of new skills provided by experts in a particular field.

The skills, knowledge, and experiences possessed by an individual.

Group of establishments (businesses) that produce similar products or provide similar services.

Occurs through social interactions, networking, life's experiences, and reading.

An activity through which an individual can earn money

Your habits, attitudes, tastes, moral standards, and the amount of goods and services that you consume.

Grouping of jobs that perform similar tasks.

The level of material comfort as measured by the goods, services, and luxuries, you are able to purchase.

versatile skills that are applies to personal and professional roles.

The average cost of basic necessities, such as housing and food

Products or services provided by an employer that provide extra value beyond wages.

A fee that a salesperson receives upon completion of a sale.

A person who relies on the taxpayer for financial support.

Wages are deposited directly into a depository institution.

The amount the employer has contributed to various employee benefits.

Agreement between the employer and employee

The form that determines the amount of an employee's pay that will be held for federal taxes.

Amount of money earned before payroll taxes.

Taxes paid to the federal, state, and local governments on the amount of money earned

A federal program whose main purpose is to help pay for health care for those over 65.

Amount of money left once all deductions have been taken from gross income.

A check written to a worker in the amount of money earned.

A reloadable debit unto which a co workers pay is loaded.

Taxes withheld or paid on your behalf of your employer.

The regular schedule by which employers pay employees.

Outlines the deductions made to wages.

Fixed amount of money or compensation paid to an employee by an employer in return for work performed.

A federal government program that funds retirement accounts, financially supports citizens who have experienced profound disability, the premature death of a parent(if under age of 18), or the premature death of a spouse in a family with children.

Total tax bill

source of income for workers who have lost their jobs through no fault of their own.

state-sponsored system that pays for monetary benefits to workers who become injured or disabled on the job.