WorksheetsFinancial Literacy
Total questions: 21
Worksheet time: 16mins
What is Borrowed Money called? *
Interest
Loans
Savings
Investment
Putting Money Away for Later *
Savings
Net Pay
Loan
Interest
What are the Deductions from your earnings called? *
Gross Pay and Interest
Savings
Taxes, FICA, & Social Security
Net Pay
What you bring home after all your Deductions? *
Gross Pay
Savings
Annual Pay
Net Pay
What you make before deductions?
Gross Pay
Savings
Earned Income
Net Pay
When you keep track of your money.
Spending
Savings
Earnings
Budgeting
Interest Paid Yearly
Annual Percentage Rate (APR)
Taxes
Earnings
Gross Pay
Something you pay when you have debt *
FICA
Taxes
Interest
Social Security
What is in a Credit Report? *
10 points
Personal information, previous addresses, social security number
Current and previous employers, and estimated income
Detailed information about each credit card account, balance owed & payment history
All the Above
It’s time to buy a new cell phone plan, and you will be paying for this one yourself. The providers offer a lot of options, and your budget is limited. What financial information do you need? What financial decision-making strategies can you use?
You are a freshman in high school and have your eye on a college degree. But college is expensive, especially since the costs include tuition, food, living expenses, travel and books. What financial information do you need? What financial decision-making strategies can you use
