Personal Finance Quiz

Which of the following is an example of income that is reported on a Form 1099?

What is typically included in the “net pay” on a paystub?

Which of the following best describes the difference between salary and hourly wages?

Which of the following deductions is typically found on a paystub and contributes to an employee's net pay being less than their gross pay?

How much does she have left for other expenses or savings?

David wants to allocate 20% of his monthly income to savings. If his monthly income is $4,000, how much should he allocate to savings?

Which of the following is an example of a variable expense that should be considered in a personal budget?

Which of the following is a key step in reconciling a checking account to avoid overdraft fees?

How can a person determine their net worth?

What is Sarah's net worth?