Earning and Spending Money PDF
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Summary
This document covers different types of income and outgoings. It discusses productivity bonuses, royalties, tips, commission, grants, scholarships, child benefits, unemployment benefits, dividends, deposit accounts, and tax rebates. It also lists outgoings such as National Insurance Contributions, mortgages, direct debits, and other expenses.
Full Transcript
Earning and spending money Income= \- productivity bonus: extra money when you reach a goal (100 items sold) \- royalties: money you receive for books, music, films,.. \- tips: 'gratuities' money for personal service \- commission: you get a percentage of what you sell \- college grant: money...
Earning and spending money Income= \- productivity bonus: extra money when you reach a goal (100 items sold) \- royalties: money you receive for books, music, films,.. \- tips: 'gratuities' money for personal service \- commission: you get a percentage of what you sell \- college grant: money from the government to study \- scholarship: university or organisation selects people and give money \- child benefit: groeipakket \- dole -- unemployment: money you receive when you don't have a job \- dividend on shares: part of company gives part of the profit \- deposit account: savings = spaarrekening \- (tax) rebate: you get money back(that you paid) Outgoings \- National Insurance Contributions: RSZ, money paid to the government, used for pension, dole, health,... \- mortgage: money from the bank to buy a house \- direct debit (= domiciliëring) \- quarterly = 3 months \- alimony (divorce onderhoudsgeld) \- HP (= Hire Purchase leasing) \- Road tax = verkeersbelasting \- fine (= boete) \- premium = money for insurance \- deposit = voorschot \- fee = ereloon - overdue = te laat \- standing order (doorlopende opdracht) \- overdraft = in the red \- current account = zichtrekening \- contribution (= bijdrage) \- stake money gamble (= gokken) expenditure = uitgave 9 - jumble sale = flea market for charity 10 - - 15% on next purchase, cash back,... 11 - call with whatsapp to people abroad/follow up provider (telenet,...) 12 -- 13 -- currency e.g. euro, dollar 14 -- 15 - check receipts e.g. supermarkets ex. 4 -- 5 -- 6 - 7
