Money Management

By Trista Seeley

Depository Institutions

The Federal Deposit Insurance Corporation (FDIC) is a federal government agency that insures depository institutions that have elected for FDIC coverage against loss. The standard insurance amount is $250,000 per depositor, per insured institution, for each account ownership category.

The basic of taxes

There all kinds of different taxes. Here is one of them it is Pay roll tax is a tax on earned income. This tax deduction from your paycheck supports both the Social Security and Medicare programs.

If you live in the united states you are tax payer

Financial Position

Net worth

Net worth is like personal financial thermometer assets-liabilities=net worth

Income and Expense Statement

Here is some the expense we have it is clothing, cellphones, and family care that is some of them. There is a lot of them so you can find a software or write it down on paper any way works

Spending Plans

One thing about spending plans is you haft to write every thing down like your contractual plans you have to pay you can not get out of it, Non-contractual you can reduce or get rid of so those are some of things

What I learned

I learned how to write every thing you buy and keep tract of every thing and how to manage money right