Financial Literacy

Also referred to as profit, this is calculated as: gross income - deductions

Anytime you are spending money, these purchases are called...

A mandatory contribution to state revenue imposed on your income and goods and services is what

A paid position of regular employment

A fixed regular payment made by an employer to an employee expressed an an annual sum

How much of your money should you put away in savings before paying bills and other expenses?

A regular payment, usually on an hourly basis, from an employer to an employee

A plan of how to spend one's money over time

The ability of a customer to obtain goods or services before payment

A number assigned to a person that indicates their ability to pay back a loan

This term refers to ALL of your income before expenses/deductions

A thing that is borrowed, especially a sum of money

A fixed charge for borrowing money

You borrow $50,000 to go to college Including interest he owed $60,000. What was the principle?