Financial Literacy GEN

Match the definition with the correct vocabulary term:

This is the tax that a person with a job has to pay annually.

• Income Tax

• Payroll Tax

• Sales Tax

• Property Tax

Match the definition with the correct vocabulary term:

This is the total amount of money, or income, that a worker earns after taxes and other things are taken out.

Hint: This is what the worker gets to KEEP.

• Gross Income

• Sales Tax

• Net Income

• Property Tax

Match the definition with the correct vocabulary term:

This is the tax that a company takes out of a worker's paycheck to fund federal programs like Social Security & Medicare.

• Income Tax

• Payroll Tax

• Sales Tax

• Property Tax

Match the definition with the correct vocabulary term:

This is a plastic card that allows a bank to take money from your checking account to pay for a purchase.

• check

• credit card

• debit card

• electronic payment

Match the definition with the correct vocabulary term:

This is a plastic card that allows a person to borrow money to pay for a purchase.

• check

• credit card

• debit card

• electronic payment

Match the definition with the correct vocabulary term:

This is a payment, made over the internet, that allows a bank to take money from your checking account to pay for a purchase.

• check

• credit card

• debit card

• electronic payment

Match the definition with the correct vocabulary term:

This is the total amount of money, or income, that a worker earns before taxes and other things are taken out.

• Gross Income

• Sales Tax

• Net Income

• Property Tax

Match the definition with the correct vocabulary term:

This is a slip of paper that is filled out to allow a bank to take money from your checking account to pay for a purchase.

• check

• credit card

• debit card

• electronic payment

Match the definition with the correct vocabulary term:

This is an annual tax on thing like homes, land, and other property.

• Income Tax

• Payroll Tax

• Sales Tax

• Property Tax

Match the definition with the correct vocabulary term:

This is the tax that you pay every time you buy an item from a store.

• Income Tax

• Payroll Tax

• Sales Tax

• Property Tax