Financial Literacy

Front

What is money paid to the government?

Back

tax

Front

What plan is used to manage money? Options: check, checking account, budget, retirement account

Back

budget

Front

What is a fee paid for the use of money?

Back

interest

Front

A three-digit numerical rating of how likely you are to pay off your debts is called a:

Back

credit score

Front

A yearly federal tax on a person's earnings:

sales tax

,

income tax

,

property tax

,

medicaid

Back

income tax

Front

A city or state tax added to the price of an item you buy:

Back

sales tax

Front

A yearly tax on homes, land, and other property that helps pay for local needs such as schools, firefighters, etc.

Back

property tax

Front

The total amount of money a worker takes home AFTER taxes and other deductions are withheld:

Back

net income

Front

A payment type that allows you to make purchases using money directly from your checking account:

Back

debit card

Front

A set payment that a person receives in exchange for work performed:

Back

salary