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Managing Your Money Vocabulary

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

Amount of your paycheck before any money is taken out

a)

gross pay

b)

net pay

2.

Items taken out of gross pay, such as federal taxes

a)

Net pay

b)

Deduction

3.

How much you are paid for your services

a)

Wage

b)

Budget

4.

Your take home pay

a)

Savings

b)

Net pay

5.

The total amount of money your family will take home for one month

a)

Credit Card

b)

Total Net Income

6.

A plan to help you know your income and expenses

a)

Budget

b)

Savings

7.

The money you put back from your paycheck each month for emergencies

a)

Anticipated Expenses

b)

Savings

8.

The total amount of money you believe will be paid out for one month

a)

Total Net

b)

Anticipated Expenses

9.

The money you make during a pay period

a)

Paycheck

b)

Bank

10.

A place where money is kept safe

a)

Budget

b)

Bank

11.

A form you must fill out to get something you request

a)

Credit Card

b)

Application

12.

An unexpected expense not planned for

a)

Emergency

b)

Loan

13.

Helps you not have to carry large amounts of money to make everyday purchases

a)

Credit Card

b)

Loan

14.

Helps you buy big things like a house or a car and must be paid back with interest

a)

Credit Card

b)

Loan

15.

What you still owe

a)

Credit Rating

b)

Balance

16.

Tells how well you are paying your bills on time

a)

Credit Rating

b)

Credit Card