Personal Finance sources of income

An example of a self-employed person would be:

• delivery driver for Costco

• a school teacher

• An Uber driver

• a security guard in a prison

A worker who gets a salary...

• Gets paid regularly (every 2 weeks usually) with a fraction of their annual amount.

• Gets paid by the hour, depending on how many hours they worked that week.

• Gets paid a certain amount for each task that they do on their job.

• Is paid a years worth at a time.

Tags

CCSS.RL.11-12.9

CCSS.RL.6.3

CCSS.RL.7.3

CCSS.RL.8.3

CCSS.RL.9-10.3

Inheritance is the money received from a deceased person from their estate

• true
• false

Tags

CCSS.RI.11-12.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RL.11-12.4

CCSS.RL.9-10.4

A person who can't work due to permanent disability will have no source of income.

• False

• True

Money that you can get in income from owning certain stocks

• tax

• dividends

• mark ups

• gifts

Cash assistance that is given to you by the government is available to anybody.

• True-anybody can qualify

• False-You must have a low income for your family size

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

If you make $12 an hour and work full time, about how much will you make in a year?

• $15,000

• $25,000

• $45,000

• $135,000

If you make $180,000 per year and work full time, approximately what is your hourly wage?

• $8.50

• $14.00

• $85.00

• $180.00

It is possible to collect unemployment if you never had a job.

• true

• false

Tags

CCSS.RI.8.1

CCSS.RI.8.8

CCSS.RL.11-12.1

CCSS.RL.8.1

CCSS.RL.9-10.1

Choose the type of income that fits this description.

You worked at a job for a while, but you got laid off and now you are looking for work, but need money to pay the bills until you find a new job.

• Social security payments

• Child Support

• Pension

• Unemployment