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WorksheetsFinancial Literacy
Total questions: 29
Worksheet time: 32mins
Which of the following is an advantage of using a credit card?
Interest is charged for the use of a credit card.
Consumers can purchase things now, and pay for them later in the event of an emergency.
You could be a victim of identity theft.
What is Net Income?
The money left in your paycheck after taxes.
Money paid to the government based on income.
Total tax withheld from a paycheck.
Tax paid to the city or state government for items such as cars, houses, or land.
What is Income Tax?
The money left in your paycheck after taxes.
Total tax withheld from a paycheck.
Tax paid to the city or state government for items such as cars, houses, or land.
Money paid to the government based on income.
What is payroll tax?
The money left in your paycheck after taxes.
Total tax withheld from a paycheck.
Tax paid to the city or state government for items such as cars, houses, or land.
Money paid to the government based on income.
What is property tax?
Money paid to the government based on income.
The money left in your paycheck after taxes.
Tax paid to the city or state government for items such as cars, houses, or land.
Total tax withheld from a paycheck.
What is debt?
Total money earned.
Total money earned before taxes are paid.
Withdraws money from the bank account immediately.
Money that is owed.
What does a debit card do ?
Total money earned before taxes are paid.
Withdraws money from the bank account immediately.
Money is owed.
Total money earned.
What is gross income?
Withdraws money from the bank immediately.
Money that is owed.
Total money earned.
Total money earned before taxes are paid.
What is income?
Money that is owed.
Total money earned.
Total money earned before taxes are paid.
Withdraws money from the bank immediately.
What is a balanced budget?
Income is equal to the expenses and savings. They both equal to zero.
The plan for spending and saving money.
A paper asking the bank to pay the specific amount.
The money is borrowed now and it's paid back later.
What is a budget?
Income is equal to the expenses and savings. They both equal to zero.
The plan for spending an saving money.
A paper asking the bank to pay the specific amount.
The money is borrowed now and it's paid back later.
What is sales tax?
It's less than.
It's greater than.
It's equal to.
Money added to the cost of items bought.
