Financial Literacy Vocabulary

The money paid to the government in exchange for services, such as road maintenance, schools, and police...

• Tax

• Income Tax

• Payroll Tax

• Sales Tax

Tags

CCSS.L.4.6

CCSS.L.6.6

CCSS.RI.5.4

CCSS.W.4.2D

CCSS.W.5.2D

Is based on the amount of money you earn, an income...

• Tax

• Income Tax

• Payroll Tax

• Sales Tax

The total tax an employer withholds...

• Tax

• Income Tax

• Payroll Tax

• Sales Tax

Tags

CCSS.7.RP.A.3

Is the money added to the cost of items and services...

• Tax

• Income Tax

• Payroll Tax

• Sales Tax

A tax charged on things like cars, houses, boats, or land...

• Property tax

• Gross income

• Net income

• Check

Tags

CCSS.L.4.6

CCSS.RI.4.4

CCSS.RI.5.4

CCSS.W.5.2D

CCSS.W.6.2D

Total income you earn before taxes are taken out...

• Property tax

• Gross income

• Net income

• Check

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

The amount of money left after taxes...

• Property tax

• Gross income

• Net income

• Check

Tags

CCSS.7.RP.A.3

A written order asking a bank to pay a certain amount from your account...

• Credit card

• Debit card

• Net income

• Check

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

An identification card issued by a bank that allows a user to buy items and services immediately and pay the cost later...

• Credit card

• Debit card

• Net income

• Check

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

An identification card issued by a bank that allows a user to immediately use money from an account. You have a PIN to keep it safe.

• Credit card

• Debit card

• Net income

• Check