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Financial Literacy

QuestionAnswer
Money taken from your gross income deductions
Coins and bills that you give to the store to pay for your purchases cash
Paying with this costs you more money than the actual purchase credit card
Money paid to the credit card company for borrowing money interest
Borrowing from a company that will pay the store for your purchases credit card
Store computer takes money out of your account to pay the store debit card
Signed paper promising that the bank will give them the money check
What tax does your employer take from your paycheck? payroll tax
What tax do you pay for owning a home? property tax
What tax do you get back when you are too old to work? payroll tax
The total money that you earn gross income
Taxes are money given to who? the government
The money that you take home net income
What tax do you pay when you buy things? sales taxes
Money paid to you income
Money that you spend on things expenses
Created by: barri.brewer
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