Budgeting
Across
- 2. An account to carry out daily transactions
- 3. An important factor to consider when choosing a bank to save your money
- 8. An acronym commonly used to set goals in financial planning
- 9. A term used when you put money into your bank
- 11. Money owed to others also known as debts
- 13. A type of funding gathered from individuals across the world
- 14. A payment card that immediately deducts money from your bank account
- 15. A type of fund that recommends saving 3 to 6 months of expenses (Rule of thumb)
- 18. A stream of money that is constant each time you pay
- 19. Spending a certain portion of money through multiple platforms with sufficient research and analysis to grow your money
- 20. You should only spend on needs(True or False)
Down
- 1. An account to set aside and earn on interest on your money
- 4. A category in the 50-30-20 budgeting rule that takes up the highest percentage
- 5. A type of interest that is based on the principal amount of a loan or the first deposit in a savings account
- 6. Documenting expenses on a regular basis
- 7. A plan to manage money for a stipulated time frame
- 10. A type of expense that differs from time to time
- 12. A card that works like a loan, which you can repay on a fixed, future date
- 16. The amount of money spent
- 17. A type of interest earned when you obtain interest on both the money saved and the interest earned