personal finance

Front

money people pay to support the government

Back

taxes

Front

the total amount of money you earn

Back

gross income

Front

The amount of money you receive after deductions are subtracted from your gross income.

Back

net income

Front

money taken out of your account

Back

debit

Front

money put into your account

Back

deposit

Front

the money in your account

Back

balance

Front

occurs when the total amount of money spent, saved, and shared equals total income

Back

balanced budget

Front

a plan for how much income will be received and how it will be spent

Back

budget

Front

a tax on retail products based on a set of percentage of retail cost

Back

sales tax

Front

What tax is paid when you own property, such as a home?

Back

property tax