RVI Financial Literacy Terms for 5th Grade

A tax paid on what you earn is called the _______________.

What word means:  a tax you pay when you buy things?

a tax you pay when you own your own property, such as a home is called a ____________.

Which word means the following: money put into your account

the money in your account at any specific time is your ________________.

The amount you receive after deductions are subtracted from your gross income is called ____.

You have a _______________ is when money spent, saved, and shared equals the total income.

When money is taken out of your account it is called a ___________.

You should have a ______________, or a plan for how income will be received and spent.

The total amount you earn before deductions is _________.