All-Star Hoop Dreams

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S l a m D u n k Slam Dunk

Question 1 Which is a Fixed Expense A.) Gas Bill B.) Grocery Bill C.) Electric bill D.) Car loan payment Need team mate to block

Question 2 Which is a Variable Expense? A.) Cable bill (basic) B.) Car Payment C.) Gas Bill D.) Home Mortgage Need team mate to block

What are the benefits of tracking spending habits? A.) To use info. to create a budget B.) Because you can C.) So you can make more money D.) To brag to others about how much you spend Need team mate to block

What is an advantage of creating a spending plan A.) To tell other people about it B.) Help prioritize spending C.) To write it down D.) SMART Need team mate to block

Which is a document you do NOT need to Save? A.) Paystub B.) Your test scores C.) Credit card statements D.) insurance statements Need team mate to block

IRS stands for A.) International Real Service B.) International Revenue Service C.) Internal Real Service D.) Internal Revenue Service Need team mate to block

Gross Pay is… A.) the amount before taxes B.) the amount after taxes C.) an extra Big paycheck D.) an extra payment for taxes Need team mate to block

The tax that provides a small income for the elderly ? A.) Medicare tax B.) Social Security tax C.) State income tax D.) Federal Income tax Need team mate to block

What is income A.) Money coming in B.) Any money you receive C.) Both A & B D.) Money going out Need team mate to block

Which is a short term goal A.) To save $200 by the end of the month B.) To save $200 by next year C.) To save $200 by the over the next 8 months D.) To work our more Need team mate to block

The BEST way to stay on track with your budget A.) The envelope system B.) The tally system C.) A software program D.) The way that works best for you Need team mate to block

You should adjust your budget when? A.) When your goals change B.) Never, stick it out! C.) When you want something big D.) None of the above Need team mate to block

PYF is … A.) profit year financial B.) a bill you should pay yourself first C.) pay your friends D.) pay your house bills first Need team mate to block

Sue makes $10.00 per hour what is her overtime rate? (time and ½) A.) $20.00 an hour B.) $5.00 an hour C.) $12.00 an hour D.) $15.00 hour Need team mate to block

Julie needs to save $500 for a trip 2 months from now how much does she need to save per week? A.) $ a week B.) $ a week C.) Nothing she will just ask Grandma D.) $ a week Need team mate to block

Money taken out of a paycheck by employer for taxes A.) Payroll deductions B.) Net Pay C.) Gross Pay D.) YTD Need team mate to block

Money taken out to provide medical insurance to the elderly A.) Medical Mutual B.) Medicare C.) Social Security D.) Net income Need team mate to block

You can view your income for an entire year by looking at… A.) Your pay stubs B.) W-4 C.) Wrong Answer 2 D.) Wrong Answer 3 Need team mate to block

Your take home pay is called A.) Gross income B.) YTD C.) Net income D.) Payroll deductions Need team mate to block

A W-2 is for… A.) Your employer tells how much taxes to withhold B.) Allows you to save for retirement C.) Shows your IRS refund on taxes D.) For you – tells you at the end of the year how much you were paid and how much tax was with held. Need team mate to block

ALakersArenaPumpupvictorysongJockJamsmp Created by: B. Schimara - Aug. 2007