Duplicate of 5th Grade Financial Literacy

The total tax an employer withholds from a paycheck is called ________.

What is income?

Which expense is "fixed"?

The interest rate on your savings account is 1%/year and inflation is 2%. After one year you

On a balanced budget, which is true?

T or F: Buying a single company stock usually provides a safer return than a stock mutual fund.

You have $100 in a savings account and the interest rate is 2%/year. After five years, you'll

_________ is the income that is left after taxes.

A ___ is money paid to the government for services, like road work and police protection.

___ allow you to pay for items in installments over time.

Max bought toilet paper with his debit card. That money gets pulled from his ___.

Scott spent $80 on his debit card, but only had $20 in his account, so he was charged ___.

The total income before any taxes are taken out is _______ ________.

A ________ is money added to the cost of items or services.

___________ is money that is paid based on the amount of money you earn.

Savannah's checking account balance was so low she had to ___ money from her savings.

Avery has a high credit score, so ___ consider her a good risk.

You should always be aware of your ___ before spending money on something.

______ are taxes paid to the government depending on the value of your home, land, or vehicles.

_______ or more is considered a good credit score.