Personal Financial Literacy

My paycheck automatically gets -

My __________ includes income, expenses, and savings.

----- is the amount of money you receive after deductions are subtracted from your gross inc.

Money people pay to support the government is called -

Gross income minus deductions -

The amount of money I have in my account is-

Net income plus deductions -

bought groceries from my account - cost $50

My employer withholds taxes from each paycheck every month - this is

total income = total expenses

I refer to this is as take home pay

Every year I pay this to the federal government and it's based on how much I earn. This tax is-

When you own property, such as a home you pay -

-------- is the total amount of money you earn.

Whenever you buy things you pay -