Career and Life Planning Vocabulary
Across
- 4. A type of bank account that provides quick access to money for daily expenses.
- 6. The amount is the amount you must pay for expenses before your insurance will cover the remaining amount.
- 9. This process involves depositing money into a financial institution for safekeeping.
- 10. A percentage charged when borrowing money or earned from saving money in a savings account.
- 11. A document included with your paycheck that details your pay and any taxes withheld.
- 13. The minimum amount you must pay on borrowed money to avoid fees or fines.
- 14. The time it takes for money to transfer from one account to another is ______.
- 15. A contract that permits borrowing someone's property for a specified period and amount of time and money.
- 19. Determining how to allocate your money before you use it.
- 22. A budgeting method that involves recording earnings twice, once in your account and once in your budget.
- 24. The payment made to a healthcare provider before insurance coverage is applied, typically before receiving a service.
- 26. A fee charged by banks or credit unions when an individual tries to exceed their account balance.
Down
- 1. Necessities like electricity, gas and water which are paid monthly as apart of your household expenses
- 2. Any financial expenditure that you make.
- 3. The __________ refers to the amount borrowed through a loan or credit card.
- 5. A financial instrument used to purchase something with the expectation of future payment.
- 7. The amount you owe to someone else is called ____
- 8. The remaining amount on your paycheck after withholding taxes.
- 12. Refers to the amount currently available or owed on an account.
- 16. is required to pay taxes paid to the federal or state government for services and programs. This is called ___ _______.
- 17. A financial transaction where an amount is deducted from your bank or credit union account to cover a specific expense.
- 18. The act of moving money from one account to another.
- 20. A request to your insurance company to cover a specific expense.
- 21. Refers to the physical form of money, such as coins or paper money.
- 23. The money generated through work.
- 25. A financial statement is a record or statement of expenditures or receipts, typically associated with a bank or credit union.