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FM Vocabulary Review

Author: Burwood Amy
Description:
Keywords: , , , , , , online teaching

Content:
Definitions:
0. W-2 Form
1. Overtime Pay
2. Disability Insurance
3. Deductible
4. Taxes
5. Life Insurance
6. Short Term Goal
7. Net Pay
8. FICA
9. Savings Account
10. Payday Loans
11. Want
12. Fixed Expense
13. Earned Income
14. Variable Expense
15. Insurance

Answers:
0. provides money when someone dies
1. the amount you are paid after deduction, take home pay
2. Saving for an item for more than 1 year
3. financial instituion typically with the highest interest rates charged
4. a contract to financially protect from unexpected events
5. protects against storm damage, fire, etc.
6. a governement health insurance for those that can%27t afford care
7. a person who relies on another person for financial support
8. amount you pay for expenses before the insurance pays
9. Expenses that are the same amount each month
10. a basic account, depost/withdraw money, write checks
11. the amount paid for each hour worked
12. items necessary for basic living
13. Saving for an item for less than 1 year
14. allows you to buy now and pay later
15. number of items you are expected to assemble in 1 hour
.