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Personal Financial Literacy Flashcards | StudBud
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Personal Financial Literacy
Personal Financial Literacy
6 terms
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StudBud Administration
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A vocabulary review of words related to financial literacy.
Flashcards
6 cards
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Practice quiz
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Questions
6
Answers
1
Money an employer withholds from an employee's earnings.
income tax
sales tax
payroll tax
property tax
2
A portion of the value of items that is paid to a city or state government. (ex. house, boat)
Interest
Property tax
Income tax
Sales tax
3
Money paid to the government in exchange for services.
Income
Interest
Budget
Tax
4
Money added to the cost of items or services.
Income tax
Property tax
Sales tax
Payroll tax
5
The amount of income left after taxes are taken out.
Net income
Budget
Interest
Gross income
6
Money paid to a city, town, or state government or to the U.S. government.
Net income
Interest
Income tax
Sales tax