Financial Literacy

Something that you pay is called....

• income
• an expense
• a profit
• savings

Money that you make is called...

• income
• variable expense
• propery taxes
• fixed expense

the total amount of personal income before taxes and deductions 

• Net Income
• Gross Income

Tags

CCSS.7.RP.A.3

Tax the boss takes out of your check for social security and medicare

• Property Tax
• Income Tax
• Sales Tax
• Payroll tax

Tags

CCSS.6.RP.A.3D

Tax on the value of a house, building or land

• Sales Tax
• Property tax
• Income Tax

Tags

CCSS.6.RP.A.3B

Money paid to the government

• Budget
• Fees
• Taxes
• Food stamps

Tags

CCSS.7.RP.A.3

Tax on something you buy

• Sales Tax
• Property tax
• income tax
• payroll tax

Tags

CCSS.7.EE.B.3

Tax on money from a job, paid once a year on April 15 to the IRS

• Payroll tax
• Coupons
• Sales Tax
• Income Tax

Tags

CCSS.7.RP.A.3

the income that remains after taxes and other deductions

• Net Income
• Gross income

Tags

CCSS.7.RP.A.3

a card that can be used to borrow money from financial institutions,

• debit card
• credit card
• check card
• cash card

Tags

CCSS.7.RP.A.3