Financial Literacy 8 - Unit 1

Amount of income remaining after all deductions have been taken out of your pay.

Goals that can be accomplished in less than a year.

Which is NOT a variable expense?

Which is a tactic a store will use to get you to buy more things.

Funds that the state and federal government collect to pay their bills are known as 

Making a purchase based on an immediate want or due to the pressure of advertising.

A tax on earnings from wages, salaries, tips and interests is 

A plan for managing your money.

Goods or services that are not necessary for survival.

Choose an item paid for by state taxes.

Choose an item that is paid for by federal taxes.

Which of the following is NOT a type of deduction from a paycheck?

A budget can include

When choosing a career, you should consider your

Which of the following is NOT a need?

Which is NOT a fixed expense?

Sales and property taxes are used to pay for 

The total pay earned before any deductions are taken.