W!SE REVIEW

Over the long term, the stock market has a positive return

• True

• False

Is there a guarantee return for stocks?

• Yes

• No

Is a CD insured?

• yes

• no

Is a CD insured?

• April 15

• April 1

• April 30

You must complete a Wage Withholding Order form when you work FOR a new company.

• W-2

• W-4

• WD-40

The main source of income for workers under age 65 is:

• wages, celery, and tips

• wages, salary, and tips

• wages, salary, and chips

Gift cards

• Purchases are deducted LATER. They have maintenance fees

• Purchases are deducted IMMEDIATELY. They have maintenance fees

Gross pay - Deductions (taxes, medical , and FICA)=

• gross income

• discretionary income

• net income (take home pay)

FIXED expenses don't change. Identify the fixed expenses:

• electricity and rent

• car and electricity

• car, mortgage, and rent

VARIABLE expenses do CHANGE every month. Identify the variable expenses:

• car payment, gas, and insurance

• groceries, electric bill, and gas bill

• groceries and car payment