Personal Finance Key Terms Ch. 11
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| earned income | any income (wages/salary) that is generated by working
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| income tax | tax paid out by anyone who earns an income
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| passive income | Money earned on a regular basis with little or no effect required to maintain it. Some things that produce passive income are real estate, intellectual property like books or internet content, or a business in which the owner is not actively involved
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| personal branding | the process by which we "market" ourselves to others; involves highlighting personal strengths, interests and unique qualities and identifying goals
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| portfolio income | income generated by selling an investment at a higher price than you paid for it
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| property taxes | taxes paid by anyone who owns property such as land, a home or commercial real estate
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| resume | a brief account of one's professional or work experience and qualifications, often submitted with an employment application
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| sales tax | tax on goods and services that goes to your state or local government
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| social security | a federal insurance program funded by taxpayer dollars that provides benefits to people who are retired, unemployed or disabled
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Ms.Sala
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