Financial Literacy Vocab

Front

Tax based on earnings?

Back

Income Tax

Front

Payment method that may incur interest:

Back

Credit Card

Front

Income equals expenses:

Back

Balanced Budget

Front

A card used instead of a check for bank payments from your account.

Back

debit card

Front

Something you pay is called...

Back

an expense

Front

Money you make is called...

Back

income

Front

Card for immediate electronic cash withdrawal or purchases.

Back

Debit card

Front

Money subtracted from an account

Back

Withdrawal

Front

Money received after taxes is called:

Back

net income

Front

Money received before taxes is called:

Back

gross income