Financial Literacy 1

When you take money out of your account. 

Money you pay to the government when you have income. 

The total amount of money you earn. 

An amount subtracted from your gross income, for example, taxes or insurance. 

Money you pay when you own property, such as a home. 

Money you pay whenever you buy goods or services. 

Money your employer withholds based on your salary. 

Spending more money than what your account holds. 

Money people pay to support governments. 

The amount of money you receive after deductions are subtracted from your gross income. 

Money put into your account.