Budgeting Thursday Clock In
Across
- 3. A worker’s education, skills, training, knowledge, and credentials.
- 8. Any items subtracted from your paycheck, including state and federal income taxes, Social Security, health insurance or 401(k) contributions.
- 9. Income which can be anticipated with reasonable certainty concerning the amount and month in which it is to be received. Examples: salary, allowance, wages, and educational grants or scholarships.
- 12. Goals which are usually 3 to 10 years in the future. (Example: paying down a debt, buying a car)
- 13. A portion of the total cost of an item, such as a car or house, that must be paid at the time of purchase. The buyer will often take out a loan to finance the remaining balance.
- 14. A plan of your expected income and how you will use it to meet your expected expenses over a period of time.
- 15. An individual's earning potentials based on their employment, experience, work history, qualifications, or certifications.
- 17. Goals that require money beyond what is normally allowed by a budget. (Example: emergencies, vacations, social events, major purchases, gifts, celebrations)
- 18. A set amount you are paid for every hour that you work; also called hourly pay
Down
- 1. Expenses= fixed and variable expenses.
- 2. car repairs, medical bills, replacement of losses from natural disasters or theft.
- 4. Goals which are usually anticipated major expenditures that require saving. (Example: home ownership, education, retirement, investments)
- 5. gifts, bonuses, inheritances, windfalls.
- 6. A budgeting method that allocates 50% to needs, 30% to wants, and 20% to savings and debt repayment.
- 7. A cost that can be expected at regular intervals and that remains the same amount (Example: monthly rent payment)
- 10. terms or services you pay for such as rent, groceries, entertainment, bills, etc.
- 11. A fixed amount that you are paid over a period of time, regardless of how many hours you work.
- 16. A cost which fluctuates according to changes in lifestyle, such as food and entertainment costs (e.g., utility bills, streaming services, movies, sports activities, gym membership, books, Internet service).