Personal Finance Basics Flashcards

Personal Finance Basics Flashcards

Assessment

Flashcard

Financial Education

9th Grade

Easy

Created by

DAVID NEWCOMB

Used 4+ times

FREE Resource

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28 questions

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1.

FLASHCARD QUESTION

Front

Charitable Donation

Back

Generous gift of money or time to a person or organization

2.

FLASHCARD QUESTION

Front

Fixed Income

Back

Same amount of money earned on a set interval basis, such as monthly or quarterly

3.

FLASHCARD QUESTION

Front

Variable Income

Back

Amount of money earned is not the same each pay period

4.

FLASHCARD QUESTION

Front

Fixed Expense

Back

A bill, such as monthly rent, which is the same each month

5.

FLASHCARD QUESTION

Front

Variable Expense

Back

A bill, such as a utility bill, which is a different amount each month

6.

FLASHCARD QUESTION

Front

Discretionary Expense

Back

Money without a specific purpose left over each month after all bills have been paid

7.

FLASHCARD QUESTION

Front

Take-home Pay

Back

Amount of a paycheck one gets to keep after taxes and other deductions are taken out

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