Personal Finance Crossword Puzzle
Across
- 6. Moving money from one account to another. Can be done online through a secure banking website
- 9. A plastic card that enables you to do ATM transactions and to make purchases instead of using cash or writing a check.
- 10. An automatic electronic deposit of net pay to an employee's designated bank account
- 12. The U.S. administration insuring deposits in U.S.credit unions against credit union failure
- 15. Money set aside for unanticipated expenses or loss of income
- 17. A measurement of your assets (money you've saved or things of value you own) minus your liabilities (money you owe others); also called net worth
- 18. To sign the back of a check made out to you so it can be cashed or deposited.
- 21. Interest earned on both the principal amount and any interest already earned
- 22. a penalty payment for having a negative balance in an account
- 23. A popular trick to find out how long it will take your money to double depending on what interest rate you are receiving
- 24. A written order to the bank that tells it to take a stated amount of money from your account and pay it to another.
- 25. A method of saving whereby you put a fixed amount of income into a savings account before you pay monthly bills or make purchases
Down
- 1. Ability of an investment to be cashed
- 2. A term used to indicate that the depositor's account is inadequate to cover the check
- 3. Original amount of money saved or invested, separate from interest or earnings
- 4. protection pays a check even though there are not enough funds in the account; there is a fee for this service and the money must be repaid
- 5. when an account does not have enough money to cover a check that has been issued against it
- 7. To "balance" your checking account with your monthly statement from the bank.
- 8. A check that has been written but not yet deducted from the person's bank account.
- 11. To write a check or make a withdrawal when there isn't enough money in the account to pay for it.
- 13. Small amount given in return for letting the bank use your money
- 14. A savings certificate with a fixed interest rate and maturity date, holding the saver's money until the CD fully matures
- 16. The U.S. corporation insuring deposits in US banks against bank failure
- 19. Interest paid on the principal alone
- 20. The rate at which the price of goods increases and consumer purchasing power decreases over time