Ways to Pay
Taxes
Budgeting
Income
Surprise!
100

Which type of payment allows you to borrow money from the bank and at the end of the month, you pay the bank back? 

What is credit card?

100
What is income tax?
What is taxes on money that you are being paid
100
Putting money aside to buy something you want is called what?
What is saving
100
The total amount of income you earn before taxes
What is Gross Income
100

What are three things you would need to write down to keep a record of money you spend?

What is the date, the amount of money, if it was a debit (expense) or a deposit (put money in)

200
Taking a long time in line is one disadvantage of which type of payment?
What is Checks
200

What is property tax

What is tax on any land, cars, houses, or boats

200

Evangeline earns $21 by babysitting. She spends $2.98, $3.75, and $10.95 in weekly expenses. How much does she have to save each week?

What is $3.32

200

Solve: If Tara makes $389.00 per month at her job, but must pay 7% in income tax, how much money does she make per month?

What is What is $ 361.77

200

What is gross income?

What is your income before taxes and deductions?

300
Paying interest is one disadvantage of which type of payment?
What is Credit
300

Thao My has $100 to spend on new clothes. If she buys a shirt at $24, pants at $39 and a new coat at $34 will she have enough money if sales tax is .08?

No, sales tax adds $7.76 to $97 making it go over $100.00

300

Eliot earns $20 per hour and worked 40 hours this week. His deductions were $45 for social security, $101.25 for federal tax, and $80 for health insurance. What was Eliot's net pay?

What is $573.75?

300
The amount of money you make after taxes and expenses.
What is net income
300

When money is taken out of a bank account, that is called...

What is a withdrawal?

400
List the four payment types
What is Debit, Credit, Cash, Check
400

Ms. Gonzalez make $600 selling plants outside of her teaching job. The state income tax is .09 cents per dollar. How much does she make selling plants?

What is $546

400

David spent $398 for swimming equipment, plus sales tax. He gave the cashier four $100 bill and received $43 back. How much did David pay in sales tax?

What is $43?

400

The words listed... which word names a type of tax?

Expense, gross, net, or income?

What is income

400

What is net income?

What is your income after deductions?

500

What payment is like a gift card?

What is debit card?

500

Miss Searels has 5 acres of land. She pays $79 per acre in property tax per month. How much does she pay monthly in property tax?

What is $395.00

500
What is the difference between a debit account and a savings account?
What is debit: an account you put money in to spend. Savings: an account you put money in to save for a special reason. It earns interest.
500

Cô May buys a new house for $100,000. The property tax rate in her city is $14.75 per year for every $1,000. How much property tax will Cô May pay this year?

What is $2,520?

500
What is a deposit
What is money you put in a debit or savings account
M
e
n
u