Personal Finance 1
Personal Finance 2
Personal Finance 3
Personal Finance 4
Personal Finance 5
100

What form do you need to file your 1040 form?

What is W2?

100

The sum payable as profit for shares

What is a dividend?

100
People who rely on another person for primary financial support---e.g., children, spouse, other family members
What is dependents?
100
Name two types of dependents
What is qualifying child & qualifying relative?
100

Your monthly payment to your insurer, regardless of whether you use any services

What is an insurance premium?

200

You bought 10 shares of stock in StreamingVideoCo for $45 per share. Two months later you sold the 10 shares of stock for $80 per share. What was your profit or loss on StreamingVideoCo stock? (Assume that StreamingVideoCo didn't pay a dividend and that you didn't incur any trading fees during that period.)

What is profit of $350?

200

At the grocery store, comparing the  ___________________________ of similar items can help you find the best deal.

What is unit price?

200
The percentage of a sales price received by a salesperson for her or his services
What is commission?
200
This taxable income is reported on a W2 form.
What is wage?
200

Frank has an auto policy with a coverage limit of $30,000 and a deductible of $1,000. He gets into an accident and the damages to his car total $6,200. Fortunately, he has collision coverage. How much will Frank need to pay out-of-pocket?

What is $1,000?

300

The amount you pay before your insurance begins to pay

What is a deductible?

300

Jason filed his tax return and owes money. If he doesn't want to pay a fee, when should he pay this amount by?

When is April 15th?

300
A payment made for the use of money that has been borrowed?
What is interest?
300

What are the 4 main types of taxes?

What are Income, Payroll, Property, and Sales?

300

Isaiah has a summer internship at a technology company and is paid $3,000. After Federal and state taxes, Social Security, and Medicare are deducted, his take-home pay is $2,500. What is his gross pay and what is his net pay?

What is $3,000 gross pay and $2,500 net pay?

400

A(n)  ___________________________  expense can change month to month, but a(n)  ___________________________ expense costs the same amount every month

What is variable and fixed?

400

The amount of interest you earned on the amount you have saved, but also on the interest you've already earned.

What is compound interest?

400
A fixed amount of money paid on a regular basis to a permanent employee of an organization
What is salary?
400
Required charges of citizens by local, state and federal governments.
What taxes?
400

Your health insurance plan has a $20 copay for certain covered prescription medications. You arrive at the pharmacist and pick up your prescription (which is covered under your plan) which has a list price of $75. How much would you pay the pharmacy?

What is $20?

500
Having enough money saved to be able to withstand crises and emergencies.
What is Financial Security?
500
These are charged by banks for the keeping of accounts, writing of checks and other financial services
What are institutional fees?
500
Whether married or single, divorced, separated, etc.
What is marital status?
500

What form lets your employer know how much to withhold from your paycheck 

What is a W4 form?

500

What accurately describes how the 50/20/30 Rule would break down your take-home pay?

What is 50% needs, 20% on saving, and 30% on wants?