Janai
Terms
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- learning how to manage your money wisely
- Personal Finance
- a person that has his.her own business.
- Entreprenuer
- money paid to individuals in exchange for work or use of property.
- Income
- investing in people primarily through education and training
- Human Capital
- totalamount of money earned before any deductions are made.
- Gross Pay
- the amount left after all deductions are taken out of the gross pay.
- Net Pay
- money taken from your paycheck for various reasons.
- Dedcutions
- money you can pay the government for services provided by the federal government such as defense,human services,and the monitoring and regulation of trade.
- Fedral Income Tax
- money you pay the state you live i for roads,safety,and health.
- State Income Tax
- money you set aside for old age,survivors, and disability.
- Social Security Tax
- money you put away for certain health care insurance.
- Medicare Tax
- insurance coverage used to pay a salary to those that are unemployed.
- Sate Unemployment Insurance
- Insurance coverage to pay a salary for people that have gotten hurt o a job and can not work.
- Workers Compension Insurance
- insurance coverage that pays beneficiary in the event that an emplotyee dies.
- Life Insurance
- the person that is chosen to recieve life insurance money if a loved one dies.
- Beneficiary
- insurance coverage if you are unable to work due to health reasons,disability insirance wil cover your expenses.
- Disability Insurance
- insurance coverage for medical care expenses including hospitalization,physician services,surgery and major madical expenses
- Medical Insurance
- Isurance coverage for dental care expenses,including preventve diagnostic,basic,major,and orthodontic services.
- Dental Insurance
- a tax deffered savings plan for retirement.
- Retirement Savings Plan