Personal Financial Literacy Vocabulary
Flashcard
•
Mathematics
•
5th Grade
•
Easy
Arianna Arevalo
Used 1+ times
FREE Resource
Student preview
38 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Income
Back
Amount of money earned from work or other sources.
Money earned from providing goods or services.
2.
FLASHCARD QUESTION
Front
Amount of money earned from work or other sources.
Money earned from providing goods or services.
Back
Income
3.
FLASHCARD QUESTION
Front
Gross Income
Back
The TOTAL amount of money you earn,
BEFORE taxes and deductions subtracted
4.
FLASHCARD QUESTION
Front
The TOTAL amount of money you earn,
BEFORE taxes and deductions subtracted
Back
Gross Income
5.
FLASHCARD QUESTION
Front
Net Income
Back
The LEFTOVER money you take home
AFTER taxes and deductions are subtracted
6.
FLASHCARD QUESTION
Front
The LEFTOVER money you take home
AFTER taxes and deductions are subtracted
Back
Net Income
7.
FLASHCARD QUESTION
Front
Deductions
Back
Amount of money taken from your gross income (taxes, health insurance, retirement, etc.)
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