Financial Literacy - Middle School 11-20

A tax paid by the consumer when they buy something.

• Salary

• Monthly

• Sales Tax

• Income Tax

Money you receive for working. The same amount each month.

• Wage

• Budget

• Expense

• Salary

Once a year.

• Annual

• Monthly

• Biweekly

• Withdraw

Once a month

• Annual

• Monthly

• Biweekly

• Weekly

A plan for spending money.

• Income

• Salary

• Budget

• Expense

Budget where the income is greater than the expenses.

• Income

• Balanced Budget

• Variable Expense

• Fixed Expense