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Details Title: John Pawley Unit 3 Flashcards Description: Budgeting Total Flash Cards: 13 Created: 10/25/2006 10:55:06	To study from this set of flash cards, or to create your own your own study flash cards, register HERE. If you are already a registered user, CLICK HERE.
Cards Term tax used to fund hospital insurance Definition medicare Term tax used to provide support old-age survivors, and disability insurance Definition socialsecurity Term money spent or given away Definition expenses Term gross income minus deductions Definition net Term expenses that change from month to month Definition variable Term money a person recieves Definition income Term pay yourself first Definition pyf Term plan for spending and saving money Definition budget Term refferd to as "cash flow" Definition cash management Term tax collected by employer and payed to the state revenue department Definition state Term what is a ATM Definition automated teller machine Term amounts subtracted from gross income Definition deductions Term expenses at set dollar amount each month Definition fixed