Week of 36

How a Budget Puts You in Control.

A budget puts you in control of your money, Because it lets you know what you are spending your money on. And it helps you keep track of your money so you wont spend it on things that are not important. Its also helps you not to go over your budget.

Week # 35

All this week i will be browsing lots around manor or surrounding manor, trying to find a good size lot within a community so that my dad can open up his food business.

Work Schedule #32

4/20*Saturday-OFF
4/21*Sunday-OFF
4/22*Monday-3PM-8PM
4/23*Tuesday-OFF
4/24*Wednesday-ACC
4/25*Thursday-3PM-9PM
4/26*Friday-3PM-10PM

Week # 31

4-12-08(Sat): 2pm-10:30pm
4-13-08(Sun): 12pm-10pm
4-15-08(Mon): 3pm-8:30pm
4-16-08(Tue): 3pm-10:30pm
4-17-18(Wed): off
4-18-08(Thur): off
4-19-08(Fri): 3pm-10pm

Ch 21 Vocabulary

1. Dividend: Share of the funds profits.
a)
2. 401(k) plan: You put a spcific portion of your salary into the plan.Employers often math this contributin, up to a specific amt or salary percentage.
a)
3. Individual Retirement Account: A personal retirement acct that you can put a limited amt of money yearly.
a)
4. Keohg plan: You can invest up to 25% of your yearly earnings up to 35000 each yr for retirement.
a)
5. Simpified Employee Pension: Is a simpler tax-deferred retirement plan than the keogh but one that also offers tax savings. it, too, is for the self emplyed.
a)
6. Endorse: Check, Sign your name on the back.
a)
7. Check Register: A small booklet for tracking your acct.
a)
8. Reconcile: A statement from your bank from your acct.
a)
9. Electronic funds transfer: is the transfer of money from one bank acct to another by electronic means rather than cash.
a)
10. Online banking: Online banking lets you manage your money from your own home computer, or from anywhere you can find online access.
a)
11. Credit: is a sum of money a personcan use before having to reimburst the credit lender.
a)
12. Application fee: an amt of moeny charged to apply for the loan.
a)
13. Down payment: a sum (usually a percantage of the total payment) paid at the time of the purchase.
a)
14. Finance charge: a fee based on the amt of moeny you owe.
a)
15. Annual Percentage rate: the yearly cost of the loan, expressed as a percentage.
a)
16. Credit Bureau: an agency that collects information on how promptly people and businesses pay their bills.
a)

Ch 21 Sec 1-3 REVIEW

Ch 21 Summary

Chapter 21 KEY Concepts

Wrk Schedule 4/05-11/2008

Sat 4/05/08: OFF
Sun 4/06/08: OFF
Mon 4/07/08: OFF
Tue 4/08/08: Interview at new Mcd.
Wed 4/09/08: Intro to new Mcd. 4pm-8pm
Thu 4/10/08: New Mcd 3pm-11pm
Fri 4/11/08: 3pm-11pm

Mon.March 24 2008. 5pm-11pm
Tue.March 26 2008. 5pm-11pm
Wed.March 27 2008. Off
Thur.March 28 2008.

Schedule Week 28

I do not have my wrk schedule yet but i will get it today.

My job poster project

Chapter 23 Key Concepts

Chapter 23 vocabulary

Ch 23 Sec 2

1.) Why is it important to build up work credits? Because once you have built up enough credits, then you can begin to receive benefits.2.) Why is the program of benefits discussed in this section called Social Security? It enables people to receive a source of income after retirement.3.) What may happen to social security by the time you retire if the system isn’t changed soon? There may not be any social security for my generation when I retire.Basic skills Math- Suppose you bought an exercise machine for $161, books for $ 36, CD’s for $32 and a watch for $45. If the state sales tax is 4 percent, how much did you spend?First, you add up all the prices.161+36+32+45= 274Then you multiply it by the percentage.274*.04=10.96Next you add that to the original total.274+10.96=284.96

Ch 23 Sec 1

1.) List the five characteristics of a good tax system. Why are these features desirable? Assemble your records, get the forms, conceder online forms, take your time, and keep a copy.2.) How do the amount of money you earn and the amount withheld determine whether you owe tax income? A form that shows you how much you earned from working and made from other sources, it also shows you how much tax you owe.3.) How will understanding such terms as exemption, dependent, and deduction help you complete a tax return? Exemption = Fixed amount of money that is excused from taxes and the dependent is some one whom you support such as a child. Deduction = an expense that you are allowed to subtract from your income also includes like medical or business expenses

Chapter 23 Summery

Chapter 23 is a chapter of two lessons where it teach you how to do taxes and how they work, where do they go and etc., section 23.1 talks about taxes that are payments that people must make to support federal, state, and local governments. Common taxes include income taxes. It also talks abut the tax dollars that pay for a wide range of services, such as education, transportation, and military services, it also shows you how can you influence the way that tax dollars are spent by voting for officials who represent our views, a good tax system should be fair, simple, convenient, stable, and flexible.When your income tax return shows how much income you received and how much tax you owe, and from your w-4 you will tell your employer how much tax to withhold and from the w-2 you will be able to find out how much you earned. Then section 23.2 is about the money that social security benefits comes chiefly from social security taxes paid by workers and employers and how the government uses you social security number to keep track of your contributions and work history and the benefits include disability benefits survivors’ benefits, retire benefits, and health insurance benefits and it talks abut the two state run programs that provide benefits for workers are unemployed insurance and workers’ comensation.

11/13/08 Late

I was late today.

Week 23 Schedule

2/09/08(Sat): 3-11
2/10/08(Sun):2:30-12
2/11/08(Mon):OFF
2/12/08(Tue):OFF
2/13/08(Wed):OFF
2/14/08(Thur):OFF
2/15/08(Fri):5-12

Recalling Key Concepts Ch.19

Recalling Key Concepts

1. False. In a free enterprise system, individuals or businesses may buy and sell and set prices with little government interference.

2. False. The presence or absence of competition has an affect on prices.
3. The consumer price index and the unemployment rate are two yardsticks for measuring the economy.
4. Buying generic products when their quality is comparable to brand name products is one way to save money.
5. False. The consumer product safety commission helps protect the public against dangerous products. It sets safety standards for equipment and makes sure these standards are met.

Ch19 Outline

Chapter 19 Vocab

Economics: The field of study that tries to explain how ppl produce, distribute, and use goods and services.
Economic System: Is a country's way of using resources to provide good and services that its people want and need.
Free Enterprise: means that individual or businesses may buy and sell and set prices with little government interference.
Consumer:ppl who buy and use goods and services.
producers: the companies or individuals who make or provide goods and services are known as producers.
marketplace: is where buying and selling occur.
gross domestic product: aka gep. this is the maind indicator of the condition of the economy.
inflation: occurs when the average prices of goods and services raise sharply
consumer fraud: dishonest business practices used by ppl who are trying to trick or cheat you.
bait and switch: a retailer advertises a bargain.- the bait.
warranty: is a guarantee that a product meets certain standards of quality.

Work Week Of 1/20-1/25/2008

1-20-08: 1pm-9pm
1-21-08: 5pm-11pm
1-22-08: 5pm-11pm
1-23-08: 5pm-12(midnight)
1-24-08: ?????
1-25-08: off
1-25-08: 5pm-12(midnight)

Schedule

Friday(today) 1/18/08: 1pm-11pm