Duplicate of 5th Grade Financial Literacy

On a balanced budget, which is true?

______ are taxes paid to the government depending on the value of your home, land, or vehicles.

Money paid for the use of money lent, or for delaying the repayment of a debt is called __.

A ___ is money paid to the government for services, like road work and police protection.

Money get taken out of _______ when you make a purchase using a credit card.

The total tax an employer withholds from a paycheck is called ________.

___________ is money that is paid based on the amount of money you earn.

Which expense is "fixed"?

_________ is the income that is left after taxes.

A debit card allows you to make a purchase using the money in ________.

A ________ is money added to the cost of items or services.

What is income?

The total income before any taxes are taken out is _______ ________.