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FIXED COST, VARIABLE COST, OPPORTUNITY COST, ASSETS, LIABILITIES, CREDIT,…
FIXED COST
A cost that stays the same
https://www.youtube.com/watch?v=Ah7EggKApHY
Fixed Cost Link
(
)
VARIABLE COST
A cost of something that you don´t expect
(
https://www.youtube.com/watch?v=Ck2cf-F8Ezw
)
Variable Cost Link
OPPORTUNITY COST
A cost of something that you lose from picking something else
[
https://www.youtube.com/watch?v=x-hYzRncxTc
]
Opportunity Cost Link
ASSETS
(
https://www.youtube.com/watch?v=HE_6tTwPSGk
)
Things that are valuable
Assets Link
LIABILITIES
Something that you are responsible for
Liabilities Link
(
https://www.youtube.com/watch?v=NtcLev3PXKc
)
CREDIT
Showing that you can be trusted
(
https://www.youtube.com/watch?v=Yz63OVcIFrE
)
Credit Link
INCOME
Money that comes in
(
https://www.youtube.com/watch?v=ySgQ5AaiGec
)
Income Link
WAGE
What you get paid by the hour
Wage Link
(
https://www.youtube.com/watch?v=-7CgSA-C2gI
)
SALARY
The amount of money you get paid that doesn`t change.
Salary Link
(
https://www.youtube.com/watch?v=WChxbBSlWnQ
)
JOB
Something that you wont have forever
(
https://www.youtube.com/watch?v=ElUtkHy3-zk
)
Job Link
CAREER
Career Link
Most likely something you ´ re going to do until you retire
(
https://www.youtube.com/watch?v=O3m14PVOq_g
)
EMPLOYER
Someone who employs people
(
https://www.youtube.com/watch?v=JZkNZOSaqpI
)
Employer Link
EMPLOYEE
Someone who got employed by the employer
(
https://www.youtube.com/watch?v=DDE2yxqpWEE
)
Employee Link
NET INCOME
Not counting things like taxes and pension
Net Income
(
https://www.youtube.com/watch?v=kHKtykzhz90
)
GROSS INCOME
Counting everything that Net Income didn’t
(
https://www.youtube.com/watch?v=JUou2DtBQmc
)
Gross Income Link
PROPERTY TAX
Amount of money that you have have to pay based good your home is
Property Tax Link
(
https://www.youtube.com/watch?v=Q6el-3ZX2UA
)
INCOME TAX
Tax on the money that people make
(
https://www.youtube.com/watch?v=mlAGtGAbt38
)
Income Tax Link
SALES TAX
What you pay on product
Sales Tax Link
(
https://www.youtube.com/watch?v=BlxgcWxPgt8
)
BUDGET
(
https://www.youtube.com/watch?v=8YPuwwfYRWs
)
A plan on how much money that you are going to spend
Budget Link
DEBIT CARD
Your money
Debit Card Link
(
https://www.youtube.com/watch?v=At5rNIGwTlw
)
CREDIT CARD
Borrowing money and giving it back later
(
https://www.youtube.com/watch?v=dydY-_7Pxvw
)
Credit Card Link
INTEREST
He amount of money you have to pay based on how much you used on your credit card
(
https://www.youtube.com/watch?v=XC5xcyMwDUQ
)
Interest Link
)