7th Grade Financial Literacy

A plan to help you reach financial goals, save money?

• Bills
• Interest
• Budget

Tags

CCSS.7.EE.B.4

CCSS.7.RP.A.3

Money that is earned through a job.

• Interest
• Income
• Expense

The amount of money earned before taxes are deducted?

• Compound
• Net pay
• Gross Pay

The amount of money after deductions?

• Gross pay
• Net pay
• Taxable Income

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

What is withholding mean?

• Earn money
• Money take away
• Lucky money

What is sales tax?

• The price of the item
• Percent of the item for government

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Which type of expenses are these, rent, car payment?

• Crazy bills
• Variable expense
• Fixed expense

Which type of expenses are these? Groceries, gas, 

• LIFE
• YOLO
• Fixed expense
• Variable expense

Do budgets change depending where you live?

• Yes, because it just makes sense to pay more in big cities
• No
• yes, because different places have higher income and higher expenses

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

A fixed cost is a cost that ____________________.

• does not change from month to month
• does change from month to month