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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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StudBud Administration
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A #zingernators #math #financialliteracy
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
If your budget is not balanced and you need more money, what is the best thing you could do?
don't pay your house payment
work more hours for more income
eat less
use your savings
2
What tax is deducted from your gross income?
net
property
payroll
sales
3
Which forms of payment come directly from your banking account?
credit card, debit card
cash, credit card
check, cash
check,debit card
4
What is your total pay after taxes?
property tax
gross income
net income
sales tax
5
Which form of payment will charge you interest?
credit card
check
debit card
cash
6
What makes up your payroll taxes?
sales tax, and state income tax
sales tax, property tax and other taxes
property tax, sales tax
federal income tax, state income tax, and other taxes
7
What is the best form of payment to use so that you do not overspend?
credit card
IOU
debit card
cash
8
Which word means total earnings?
gross income
income tax
payroll tax
net income
9
If you buy new shoes, what tax will you pay?
sales
property
income
payroll
10
What tax would you pay yearly for land you own?
payroll
income
property
sales
