Financial Literacy

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

What is a pay stub?

• Credit Report

• Earning Statement

• Report Card

• Credit Score

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