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WorksheetsPersonal Finance Quiz
Total questions: 15
Worksheet time: 8mins
When you own a house what kind of tax do you pay on it?
income tax
payroll tax
sales tax
property tax
Which type of tax to you pay once a year on any income you've earned (job, lottery, etc)
sales tax
income tax
property tax
payroll tax
Expenses that change from month to month are called:
stable pricing
fixed expenses (bills, loans, etc)
variable expenses (vacations, emergencies, car repairs, etc)
irrational pricing
What is a company that sells goods or services?
business
bank
economy
credit union
What is the current amount of money in your bank account called?
payment
balance
debt
withdrawal
Which of the following is considered a 'need' when budgeting?
money for eating out
money for dog's toys
money for paying for your house
money for going to the movies
Money you receive before taxes is called:
net income
pay day
gross income
bank loan
What is an account that usually earns interest and is often used to hold money not needed right away?
loan
savings account
transaction
checking account
What type of tax do you pay for Cheetos and soda?
income tax
sales tax
payroll tax
property tax
Which type of tax is taken directly out of your paycheck?
income tax
paycheck tax
payroll tax
sales tax
What is money that is borrowed, usually with interest, that has to be repaid?
loan
check
savings account
checking account
What is a system that guides how money is earned and used in a society?
bank
transaction
financial institution
economy
Money you receive after taxes is called:
gross income
pay day
net income
salary
What is a machine that allows bank customers to withdraw or deposit money into their account without visiting their bank?
coffee can under your bed
safe deposit box
automated teller machine (ATM)
credit card
Long term savings goals would include:
buying a house
a new phone
buying a car
vacation
