wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Koen N Personal Finance Review on Income and Education

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

How much of your income should you be reserving for emergency funds?

a)

20

b)

100

c)

60

d)

75

2.

True/False

Student loans plans are often affordable for '5 year plan'

a)

True

b)

False

3.

Gross Income is?

a)

How much money you make before taxes

b)

How much money you make after taxes

c)

How much money you spend on delicious food :)

d)

Gross.

4.

Education is important, but is also expensive. Which one of these names gives you financial aid?

a)

NASA

b)

FAFSA

c)

FDA

d)

PETA

5.

Net Income is?

a)

How much money you make after taxes

b)

How much money you make before taxes

c)

How much money you catch with a net

d)

Net Income. (CIRCULAR REASONING)

6.

True/False

You don't have to report taxes on side gigs if you exceed $2000

a)

True

b)

False

7.

What is the usual number of years to complete Bachelor's Degree (HINT, Look at EPF PROJECT)

a)

1

b)

2

c)

3

d)

4

8.

What is the factor that usually increases cost of education?

a)

Meal Plan

b)

Parking

c)

Housing

d)

Credit Hours

9.

Income can determine your tax returns

True/False

a)

True

b)

False

10.

If you are a surgeon, MOST LIKELY, most of your income will be spent on...

a)

Student Loans

b)

Food

c)

Credit Cards

d)

Insurance