Ways to Pay
Taxes
Budgeting
Income
True or False
100

The type of card that you need a PIN number.

What is Debit Card?

100

Taxes on money you earn from work and other sources of income.

What is Income Tax?

100

Putting money aside to buy something you want is called what?

What is savings?

100

The total amount of income you earn before taxes.

What is Gross Income?

100

Property Taxes are on homes and they are paid once a year.

What is True?

200

Which form of payment do you have to write on it to pay someone ?

What is a Check?

200

Tax on any land or property that you own.

What is property tax?

200

Julie earns $20 by babysitting. She spends $3, $4, and $10 in weekly expenses.

How much does she save each week?

What is $3.00?

200

If Marie makes $389.00 per month at her job, but must pay $27.23 in Income Tax, will her Net Income be higher or lower than $389.

What is lower?

200

Payroll tax is taken from items that you buy at the store.

What is False?

300

Paying interest is one disadvantage of which type of payment?

What is a Credit Card?

300

The total tax an employer withholds from someone's paycheck.

What is Payroll Tax?

300

When your expenses equals your income.

What is a balanced budget?

300

The amount of money you make after taxes and deductions.

What is Net Income?

300

The Sales Tax is based on the item.

What is True?

400

List the four payment types, besides online payment.

What is Debit, Credit, Cash, Check

400

Mrs. Diaz buys a plant for $60.  The clerk charges her $64.80.  What kind of tax is used here?

What is sales tax?

400

Below is Martin's budget: 

He earns $30 giving art lessons each week.

If Martin wants to buy an Xbox that costs $300. 

How many weeks does he need to work?

What is 10 weeks?

400

All the money that you have before taxes are taken out.

What is Gross Income?

400

Everyone pays the same amount of money on their home's property tax.

What is False?

500

When you don't have enough money to buy an item, which payment type is a way to buy now and  pay later?

What is Credit Card?

500
John buys a video game for $19.99, but pays $21.60 since he has a tax to pay.

What is Sales Tax?

500

Johnny spends $4 each week buying a comic book. Is this an expense or income?

What is an expense?

500

If you earn $500 per week and your total deductions are $100. What is your net income?

What is $400?

500

If Ben Franklin had his way, the turkey would have been our national bird.

What is True or False? 

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