Financial Literacy

5. Fees charged when you spend more money than what is currently in your account
8. An expense that is unforeseen (you don’t know that it is coming)
12. When you use this card, you are billed for the charges.
16. The least amount of money you can pay towards a credit card bill
17. Any money received
18. A detailed report that lists all of your credit history
20. The act of putting something aside to use in the future
21. A fee you must pay when you do not pay a bill on time.

1. An expense that you know you will have to pay
2. Over time, prices are constantly increasing
3. When you use this card, money is immediately taken from your account.
4. A fee charged yearly that you must pay in order to have a credit card
6. What you give up to obtain something else.
7. An expense that fluctuates from month to month (eg. Electricity, water, cell phone bill)
9. A person that takes a huge risk to start a new company or create a new product or service.
10. The maximum amount of money that can be charged to a credit card
11. The act of taking money out of an account
13. An expense that does not fluctuate from month to month (eg. Rent, car loan payment)
14. The knowledge and skills you possess to be successful in a job or career
15. Money you strictly earn from working
18. Something you give up in order to take out a loan. If you pay the loan balance in full, your item is returned.
19. The act of adding money to an account.