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Personal Finance DETROIT

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    Personal Finance terms
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  • You can withdraw $ from the ATM. What does ATM stand for?
    Automated Teller Machine
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  • What is the acronym for medicare and social security deductions from your paycheck?
    FICA
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  • True or False: All states have an income tax
    False - none for Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming
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  • What is the type of tax that pays for benefits to seniors over 65 for living expenses?
    Social Security Tax
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  • What is the current minimum wage in North Carolina (+/- .10)
    7.25
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  • What % of US high school aged youth were employed in 2023 (within 5%)
    55%
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  • What does APR stand for on your credit card bill?
    Annual Percentage Rate
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  • At what age can you start building your credit score independently?
    18
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  • What is the average credit score amongst US workers aged 29 or less (+/- 50)?
    662
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