stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Financial Literacy Flashcards | StudBud
Explore
/
Financial Literacy
Financial Literacy
8 terms
·
StudBud Administration
·
7,662 plays
5th grade Financial Literacy vocabulary
Flashcards
8 cards
F
Practice quiz
P
Host live
L
Questions
8
Answers
1
Money that is put into your bank account
deposit
money
balance
withdrawl
2
A ______________ is when you take money out of your bank account.
Debit
Deposit
Balance
Credit
3
Money people pay to support the government
sales
property
payroll
taxes
4
The total amount of money that you earn.
Income Tax
Paycheck
Net Income
Gross Income
5
When the total amount of money spent, saved and shared equals total income.
Income
Good Budget
Outcome
Balanced Budget
6
The _______________ is the amount of money in your bank account.
Amount
Balance
Income
Deposit
7
The amount of money you receive after deductions are subtracted from your gross income.
Gross Income
Net Income
Income Tax
Net Taxes
8
A plan for how much income will be received and how it will be spent is called a _____________.
Checks
Money Plan
Budget
Savings
