Financial Capability - Income

This is payment to a person for work undertaken, usually worked out on an hourly basis

• Salary

• Wages

• Interest received

• Fees

This is payment made fortnightly or monthly to an employee based on a fixed yearly amount

• Salary

• Wages

• Interest received

• Fees

This is payment in return for holding cash in the bank

• Salary

• Wages

• Interest received

• Fees

This is payment in return for providing a service to someone e.g. an Accountant

• Salary

• Wages

• Interest received

• Fees

This is the reward for owning shares in a company

• Salary

• Dividends

• Interest received

• Fees

I you Bob had a salary of $36,000 a year this would mean that his monthly income would be

• $1,000

• $2,000

• $3,000

• $4,000

If Sarah had an hourly wage of $22 and she worked 30 hours in a week, she would earn

• $600

• $630

• $660

• $680

An example of a Government transfer payment is NOT

• sickness benefit

• superannuation

• childcare support

• bonus

What is always coming, but never arrives?

(a)  

You bury me when I am alive, you dig me up when I die, what am I? A . . . . .

(a)