Movip Personal Finance Semester project

Apr 8th, 2015
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SEMESTER PROJECTDEVELOPING A SOUND FINANCIAL LIFE I would be a firefighter and my salary would be 45,000 I would have to be physically and mentally fit I will need to get a bachlors degree in fire science.CAREERS An occupation undertaken for a significant period of a person'slife and with opportunities for progress and promotions.W-4 FORM A form completed by an employee to indicate his or her taxsituation to the employer. The W-4 form tells the employer thecorrect amount of tax to withhold from an employee'spaycheck.W-2 FORM The form that an employer must send to an employee and theIRS at the end of the year. The W-2 form reports an employee'sannual wages and the amount of taxes withheld from his or herpaycheck.UNDERSTANDING CREDIT Credit Credit scores Interest rates Credit cards Mortgage Finance offersCREDIT SCORE My credit score is 715 and I chose that because I am veryresponsible. I plan to buy a car and a house. I plan to buy a carby, getting a used car, finding one with a low price, or I will buya new car with a low interest rate. I plant to buy a house by, hiring a professional realtor, buyingfrom a trusted person or, by renting a houseCREDIT The ability of a customer to obtain goods or services beforepayment, based on the trust that payment will be made in thefuture.CREDIT SCORES A number assigned to a person that indicates to lenders theircapacity to repay a loanI

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