Financial Literacy

Financial Literacy Vocabulary

Word Bank
Balance, Budget, Debit, Deposit, Gross Income, Income Tax, Net Income, Payroll Tax, Property Tax, Sales Tax

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Across

1. an estimate of income and expenditure for a set period of time

4. an account entry showing a reduction in what you (or a business) is worth.

5. the income that is left after payroll taxes are taken out. (2 Words)

7. the tax or levy on property that the owner is required to pay. (2 Words)

8. the tax or levy paid on the money that a person or business receives as income (2 Words)

Down

1. the amount of money owned on an account

2. the tax added to the price of goods or services. (2 Words)

3. your total income before payroll taxes are taken out. (2 Words)

4. to put money in the bank.

6. the tax or levy that is paid by a company based on the amount of money that the company spends paying all of its employees. (2 Words)

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