Money Management

Your take home pay is used to create a budget.

Having Social Security deducted from your paycheck is optional.

A fixed periodic expense is something you can plan for.

The majority of Americans are able to contribute  a high percentage to their savings account.

Majority of Americans save less than 10% per year.

Sales tax varies state to state.

_________ is an example of a fixed periodic expense.

Having Medicare deducted from your paycheck is optional. 

Sales tax is higher in California than it is in Ohio.

You have to repay the bank money when you use your debit card to buy things.

________ is an example of a fixed periodic expense.

A credit card is the same thing as a debit card.

Your net pay is used to create a budget.

Your net pay is the same as your take home pay.

A monthly car payment is a fixed expense.

Your purchasing power for needs and wants depends on where you live.

Credit companies associate paying bills on time with good character.

Income tax varies state to state.

Getting what you want when you didn't plan for it is called ____________.

A monthly rent payment is a fixed expense.

____________ is an example of an unexpected expense.