Taxes
Depository Institution
Statement of Net worth
Income & Expense Statement
Budget/ Spending Plan
100

This tax is earned on income

What is a payroll tax

100

This depository institution is open to anyone 

what is a commercial Bank 

100

This is what you need to make at least once a year

what is a statement of net worth

100

when you get paid it is called

what is an income

100

saving up for something you want you must make a

what is a spending plan or budget

200

This tax is on any consumer ideas you purchased 

What is a sales tax

200

This depository institution is open to any members  

what is a credit union 

200

Liabilities-assets= 

net worth

200

Taxes, debt,and Insurance are examples of

what is an expense 

200

when developing a spending plan there is 4 ways to plan is?

name two examples

what is use paper and pencil or use a phone with a management plan


300

This tax is on can change people income tax

 what is a state income tax

300

A credit union charges this fee when you don't have a certain amount in your savings or checking

what is a low balance fee

300

Cash and short term investments,Inventory, buildings/land value, and receivables are just a few examples of

what is an asset

300

The total from your income and expense statement is called

Net gain or net loss

300

When thinking about a spending plan what do you need to think about 

what is Trade offs

400

This tax is paid by employers when they take part of it off your pay check 

what is a federal income tax

400

Both of these depository institution can link these accounts together

What is a checking and savings account

400

Debt and taxes are an example of

what is a liabilities 

400

When you have a positive net worth its a 

what is a net gain

400

when ensuring you keep to plan its best to

what is use Money management software or checking register system 

500

This taxis on any items purchased in any retail store 

what is an excise tax

500

To have an account holder you have to

what is be an employee or related of the railroad system

500

when you are in the negatives you are in debt, but when your not you have

what is a good net worth

500

when you have a negative net worth that means you have a 

what is a net loss

500

why is it important to have a spending plan you can adjust

what is make sure you don't have to make a new goal