Earnings Quiz

1.  A bank account where you can deposit money and earn interest.

• Deductions

• Savings Account

• Credit Card

• Gross Income

1. Deductions that have to be taken out, such as taxes, social security, etc.

• Checking Account

• Net Pay

• Mandatory Deductions

• Deductions

1. When you borrow money and have to pay it back.

• Interest

• Deductions

• Debit Card

• Loan

1. The knowledge, instruments, and techniques used to manage your finances.

• Personal Finance

• Salary

• Budget

• Interest

1. A type of bank account that allows you to easily make daily transactions, such as deposits and withdrawals.

• Savings Account

• Checking Account

• Loan

• Interest

1. Money coming in

• Interest

• Budget

• Income

• Personal Finance

1.  A financial liability or obligation that is owed by one person (the debtor) to another (the creditor).

• Loan

• Credit Card

• Interest

• Debit Card

1. Money paid regularly at a particular rate for the use of money lent, whether it’s the consumer or the bank.

• Loan

• Budget

• Interest

• Income

1.  Fixed compensation paid to an employee.  When you earn a salary and your paycheck arrives, it’s for the same amount of money each time.

• Wages

• Salary

• Income

• Deductions

1.  A card that is used like a credit card, but the money is deducted from the holder’s bank account.

• Credit Card

• Loan

• Debit Card

• Checking Account