Final 5th Grade Financial Literacy Unit

A tax on real estate, land, and other personal property, such as cars and boats. Paid yearly.

An organized plan for spending and saving money.

A card issued by a bank that allows a user to buy items right away and pay for them later!

A tax paid by the consumer when they buy something....

Money that you earn.

Federal taxes taken out of an employee's paycheck based on their income or salary.

What is it called when expenses equal income?

What is it called when you take money out of your bank account?

A written order asking banks to pay a certain amount to the payee...

Income after deductions are taken out is called....

The total taxes withheld from an employee's check to pay medicare and social security.

Money taken from your paycheck to pay taxes, medical and dental insurance, and retirement.

a card issued by your bank that uses your money. You have a four digit pin number to use it.

This is what you call money put into your bank account that makes your balance go up! Woohoo!

What is the total income before taxes and deductions are taken out?