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Financial Literacy - Middle School 11-20

Total questions: 6

Worksheet time: 3mins

Name
Class
Date
1.

A tax paid by the consumer when they buy something.

a)

Salary

b)

Monthly

c)

Sales Tax

d)

Income Tax

2.

Money you receive for working. The same amount each month.

a)

Wage

b)

Budget

c)

Expense

d)

Salary

3.

Once a year.

a)

Annual

b)

Monthly

c)

Biweekly

d)

Withdraw

4.

Once a month

a)

Annual

b)

Monthly

c)

Biweekly

d)

Weekly

5.

A plan for spending money.

a)

Income

b)

Salary

c)

Budget

d)

Expense

6.

Budget where the income is greater than the expenses.

a)

Income

b)

Balanced Budget

c)

Variable Expense

d)

Fixed Expense

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