Finance Vocabulary Words

2. The amount of money you recieve in your paycheck after any deductions or taxes are taken out.
3. Federal buget that is approved by Congress.
5. An amount of money owed for goods or services.
6. A breakdown of your income and expenses for a set period of time.
8. Things you would like to have; they are not absolutely necessary, but they would be nice to have.
10. Putting aside money for future use.
12. A saving strategy where you put a fixed amount of money into a savings account immediately after receiving your paycheck, rather than waiting until the end of the month to save what's left.
14. A tax on the income of a person or business.

1. The cost required to pay for something.
4. A budgeting technique where 50% of your paycheck is spent on needs, 30% on wants, and the last 20% on savings.
7. The amount of money you recieve in your paycheck before any deductions or taxes are taken out.
9. An amount of money paid regularly to a person.
11. Things you have to have; these are essential.
12. A document that is given to a worker with each paycheck and that shows the amount of money earned and the amount that was removed for taxes.
13. Money received on a regular basis.