Principles of Family and Human Services Unit 2.03

How much money is a person recommended to have in savings?

Money that is earned.

Putting money into an account.

Employee's withholding allowance certificate

You must have a PIN number in order to use a debit card.

The total amount of your check before payroll withholdings

Business that offers and sells financial services to people.

This account requires more money to open than a regular savings account

A card that is electronically connected to an account that holds the cardholders' money

A financial statement individuals can use to assist in money management.

If a credit card bill is paid off in full each month:

Money that is spent.

This is money the bank pays you each month on your account

If you write a check and you don't have enough money in your account, that is called bouncing

Taking money out of an account.

Which of the following is an example of income?

When your paycheck is automatically deposited into your account

Beliefs about what is important to an individual.

Charges by the state, local and federal government

This account pays the least amount of interest

A task that is done as part of one's occupation

Health care program for elderly and disabled.

The portion of income not spent on current expenses.

When goods, services, or money is received in exchange for a promise to pay in the future.

A wide category of jobs with similar characteristics

A lifetime journey using skills and knowledge to be successful.

A financial statement individuals can use to assist in money management.