Earning an Income Review
A purposeful course of action or purpose in life that generally provides income
The more ______ a person has, the easier it will be for that person to find employment.
Money received from work performed; may include salary, wages, tips, professional fees, commissions, etc.
The health, education, experience, training, skills and values of people. Also known as human resources
Investment of time, effort and resources in education and training--to increase one's own knowledge, skills, health, etc., or to develop those assets in others
Payments earned by households for selling or renting their productive resources. May include salaries, wages, interest and dividends
When setting _____ goals, set short-term and medium-term goals as steps to accomplish your long-term goals
A piece of work usually done on order at an agreed-upon rate. Also a paid position of regular employment
The quantity and quality of human effort available to produce goods and services
A _______ can help you do any of the following evaluate your spending habits avoid running out of money between paychecks increase your savings
Legal allowances that reduce the amount of income taxes subtracted from your gross income
Federal government program, financed by deductions from wages, that pays for certain health care expenses for older citizens
The BEST description of a _____ is a plan for saving and spending your money
Commonly called "take home pay"; it is your income after all deductions and exemptions
Setting a goal to purchase a new car in four years is the example of a _____ goal.