BUDGETING BASICS

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Across
  1. 2. A financial plan that helps you reach your financial goals (Financial __)
  2. 5. The total amount of money you owe on a loan or credit card
  3. 7. An account that you use to save money for a specific purpose (Savings __)
  4. 8. A savings account that offers tax advantages (__ Savings Account)
  5. 9. The process of deciding how much money to save and how much money to spend each month
  6. 10. The total amount of money you owe on all of your debts (Total __)
  7. 11. The amount of money you need to cover your basic living expenses (Cost of __)
Down
  1. 1. A savings account that earns higher interest but has restrictions on withdrawals (Certificate of __)
  2. 2. A loan that is backed by collateral, such as a car or a house (__ Loan)
  3. 3. A financial plan that helps you pay off your debts as quickly as possible (Debt __ Plan)
  4. 4. The money you receive from an employer or other source of income
  5. 6. The interest rate that banks pay on deposits (Annual __ Yield)
  6. 9. The amount of money you have in your account after expenses (Account __)
  7. 11. A financial product that allows you to borrow money and pay back with interest