Generating Income Vocabulary

Ethan's been stashing away some of his hard-earned cash from his part-time job at the local garage. What do you call the money Ethan's managed to put away over time?

• Paycheck

• Extra bucks

• Savings

• Interest

Our buddy Kai just got his first job at the local auto repair shop. He was pretty stoked when he got his first paycheck, but noticed the amount was less than he thought he'd earned. What's the term for the money Kai got after they took out taxes and other stuff?

• Gross Earnings

• Deduction

• Piecework

• Net Income

Zoe, Sophia, and Mason have started a small local business in their town. They are curious to know the total money they made from their business before any expenses or taxes are subtracted. What is this term called?

• Net Income

• Gross Earnings

• Deduction

• Piecework

Scarlett, Aria, and Mason are working at the local shoe shop in their small town. Mason gets a small part of the money from every shoe sale he makes. What is this called?

• Interest

• Commission

• Savings

• Earnings

Zoe's been working part-time at the local book shop in her small town. What do you call the cash she gets from her job?

• Earnings

• Commission

• Interest Cost

• Present Value (PV)

After graduating from high school, Elijah started working part-time at the local bookstore in his rural town. He's paid based on how long he works each day. What's this type of payment method called?

• Salary

• Hourly

• Commission

• Piecework

Abby, Sophie, and Em are thinking about starting their own business after graduating from high school. They know they'll need to check how well they're doing each year. What's the term for how often they check?

• Annual

• Payroll

• Net Income

• Salary

Aiden just landed a gig at a local tech firm. What's the name for the steady paycheck that Aria, the office manager, told him he'd be getting?

• Hourly

• Salary

• Piecework

• Payroll

Dave, Nora, and Eli decided to start their garage. Can you tell me what we call the total cash they handed out to their workers and the taxes they held out of their employees' paychecks at the end of the month?

• Annual

• Payroll

• Monthly

• Deduction

Billy, Harper, and Ethan are buddies who work together at a local toy workshop in their small town. They get paid based on how many toys they manage to put together each day. What's this kind of pay method called?

• Salary

• Hourly

• Piecework

• Commission