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Budget Vocab

Authored by CRYSTAL K PHELPS

Financial Education

9th - 12th Grade

Used 4+ times

Budget Vocab
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that is earned from work

budget

income

expenses

bills

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bills or payments you are responsible for paying

expenses

wages

income

salary

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plan for how you will use your income to pay expenses

budget

needs

income

wants

4.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Choose all that could be deductions from a paycheck?

monthly rent or mortgage payment

federal tax

social security

state tax

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A US payroll tax deducted from worker’s paychecks that funds the Social Security and Medicare programs

deduction

wage

FICA

salary

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