JA Biztown - Financial Literacy

Front

What is the term for the amount left over from your paycheck after taxes and deductions are withheld?

Back

Net pay

Front

What do we call the money people earn for their work?

Back

Income

Front

What is a card that allows the holder to buy goods and services by taking out a bank loan?

Back

Credit card

Front

True or False: You can continue to write checks as long as you have checks in your checkbook.

Back

False

Front

Which financial institution was Monday's speaker from?

Back

Educators Credit Union

Front

What is the term for the total amount of money earned before any deductions?

Back

Gross pay

Front

What is the name of the account used for everyday transactions?

Back

Checking account

Front

What is the term for money set aside for future use?

Back

Savings

Front

What do we call the interest earned on savings accounts?

Back

Interest

Front

What is the term for a financial plan that outlines income and expenses?

Back

Budget