MoneyU Glossary of Terms


MoneyU Glossary of Terms


Browse the glossary using this index

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V

Volunteer service

Working to help others or oneÔÇÖs community without being paid.

W

W-2 Form

A form sent to you by your employer that lists the total amount of money you earned over the year, and the total amount of taxes taken out.

Wants

Items that a person would like to have but are not essential for life. Items, activities, or services that may increase the quality of life, but one can live without them.

Wealth-building

Increasing the total value of what one owns; oneÔÇÖs tangible assets using strategies to increase savings and personal asset accumulation, thereby promoting individual/family economic well-being and financial security.

Z

Zero Balance

If you have no previous outstanding balances on your card account, and no new activity that month, this means that you have a zero balance. You might not get a bill since you do not owe anything.


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