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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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5th grade Financial Literacy vocabulary #financialliteracy #math #5thgrade
Flashcards
8 cards
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Questions
8
Answers
1
Money that is put into your bank account
balance
money
withdrawl
deposit
2
The _______________ is the amount of money in your bank account.
Balance
Deposit
Amount
Income
3
A ______________ is when you take money out of your bank account.
Debit
Balance
Deposit
Credit
4
The amount of money you receive after deductions are subtracted from your gross income.
Gross Income
Income Tax
Net Income
Net Taxes
5
A plan for how much income will be received and how it will be spent is called a _____________.
Checks
Money Plan
Budget
Savings
6
Money people pay to support the government
payroll
sales
taxes
property
7
When the total amount of money spent, saved and shared equals total income.
Good Budget
Balanced Budget
Outcome
Income
8
The total amount of money that you earn.
Gross Income
Income Tax
Paycheck
Net Income
