Taxas
Question: What is money earned before taxes are taken out called?
Gross pay
What type of account is mainly used for spending money?
Checking account
What is money earned every hour at a job called?
Hourly wage
What is a plan for managing money called?
Budget
What is insurance that helps pay medical bills called?
Health insurance
What form do employees fill out to decide tax withholding?
W-4
What is money added to your savings account called?
Interest
Interest
What is a fixed amount paid yearly called?
Salary
What are regular monthly payments like rent and bills called?
Expenses
What is the monthly payment for insurance called?
Premium
if you earned $800 and pay $120 in taxas what is your net pay
$680
What machine lets you withdraw money using a debit card?
ATM
If you work 10 hours at $15 per hour, how much money do you earn?
$150
If your income is 2,000 and expenses are 1,500, how much money is left?
$500
What is the amount you pay before insurance helps cover costs called?
Deductible
What tax helps pay for retired citizens through the government?
Social Security tax
If you deposit $400 into an account with 5% interest, how much interest do you earn in one year?
$20
What document shows your skills and work history when applying for a job?
Resume
What is it called when you save money for emergencies?
Emergency fund
Emergency fund
What type of insurance covers damage from car accidents?
Auto insurance
If a worker earns $950 and pays 18% in taxes, how much tax is taken out?
171
What happens when you spend more money than you have in your checking account?
Overdraft
If a worker makes $18 an hour and works 35 hours, what is the weekly pay?
$630
If you save $50 each week for 12 weeks, how much money will you save?
$600
If your insurance deductible is $500 and repairs cost $1,200, how much does insurance pay?
$700