Personal Finance

When should you plan for your career?

• Throughout a lifetime

• During college

• After the first career change

• Senior year of high school

Who pays taxes?

• People who have a job

• People who purchase items

• Both

• None

Income is money received from working or investments.

• True

• False

Net income is the total amount of earnings made after deductions.

• True

• False

Which of the following is an example of a financial institution?

• Department Store

• Bank

• School

• ATM Machine

Becoming an astronaut or physicist is an example of what type of goal?

• Short Term Goal

• Long Term Goal

A short term goal is a goal that can be achieved in less than a year.

• True

• False

______ is a fee received or paid for the use of money.

• Investment

• Donation

• Interest

A ______ is when you compare how much you earn with how much you spend.

• Expense

• Income

• Investment

• Budget

PYF stands for:

• Pay Your Food

• Prepare Your Finances

• Pay Yourself First

• Pigs Yoddle Fast