Personal Financial Literacy Vocabulary

Front

Something that you pay is called...

Back

an expense

Tags

CCSS.RI.5.10

CCSS.RI.4.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.3.10

Front

What type of income does the amount $75.62 describe that Alyssa is able to put in the bank?

Back

Net Income

Tags

CCSS.6.RP.A.3D

Front

Amanda has to pay taxes on her annual salary and investments. Which type of tax is Kimberly paying? 
Options: Sales Tax, Property Tax, Payroll Tax, Income Tax

Back

Income Tax

Tags

CCSS.W.5.2D

CCSS.RI.5.4

CCSS.W.6.2D

CCSS.L.4.6

CCSS.RI.4.4

Front

Money you receive before taxes is called:

Back

gross income

Front

When you own a house, what type of tax do you pay on it?

Back

property tax

Front

What type of tax do you pay for Cheetos and soda?

Back

sales tax

Front

Which type of tax is taken directly out of your paycheck? Options: payroll tax, income tax, paycheck tax, sales tax

Back

payroll tax

Front

Which type of tax do you pay once a year on any money you've earned (job, lottery, etc)? Options: payroll tax, income tax, sales tax, property tax

Back

income tax

Front

Money that you spend, share, or save.

Back

income

Tags

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.3.4D

CCSS.L.8.4C

CCSS.L.2.4E

Front

A spending or savings plan.

Back

budget