The total amount of money earned within a specific time period

Amount of money that is subtracted from the gross income

The total amount of income remaining once all the deductions have been subtracted

An amount paid by unit (i.e. hourly) by an employer to an employee

An amount paid periodically (i.e.  bi-weekly, monthly) by an employer to an employee. The amount is generally specified in an employment contract and may include benefits (such as dental coverage).

A amount of money deducted from a person’s income by the government to help pay for its programs.

Human resources

Resources that are found within a person, such as knowledge;  talents & skills; time; health; physical & emotional energy; relationships; imagination; attitudes    

Resources that are not part of any human being, such as possessions and tools (computer, bicycle, car, etc.); technological resources (internet access, electricity, phone service); community facilities (transportation system, public library, hospital); financial resources (income, gifts); environmental resources (clean water, clean air, parks).

An amount of money deducted from a person’s income in order to be pooled and paid out in the case of sudden unemployment or illness.

an expense for goods and services that are either NON-essential or more expensive that necessary (things you can buy at your own discretion)

an expense for goods and services that are ESSENTIAL, where no choice exists as to whether it should be paid for

an expense that generally remains the same from one billing period to another such as a car payment or rent. (It can be discretionary or non-discretionary.)

an expense that changes from one billing period to the next, such as a cell phone bill which depends on usage. (It can be discretionary or non-discretionary.)

a person who rents property to another person

a person who pays rent to live in or on someone else’s property

an agreement regarding residential tenancy, i.e., between a landlord and a tenant about the terms of rent