Financial Literacy

3. a card that allows a person to withdraw money electronically from your checking account
5. a loan approved to pay for house or building
7. money that a government collects from people and businesses
11. someone who buys and uses goods and services
12. a check returned by the bank because of lack of money in a person's checking account
16. something that you MUST have in order to survive
17. taking money out of your bank account when you spend money
19. the money you put INTO a bank account
22. a three-digit number that represents how likely a borrower is to repay a debt
23. something that you would LIKE to have but don’t really need
24. the amount of money received after all taxes are taken out
25. a written order to a bank to pay a specific amount of money to a specific person/business from another person's bank account
26. a fixed amount of money paid regularly for work done; usually a yearly rate of pay
27. a plan of how much money a person, business or government is able to spend and how it will be spent

1. a card that allows a person to make purchases on credit
2. the extra money a person pays to borrow money
4. money paid to an employee for work done; usually an HOURLY rate of pay
6. The amount of money earned before taxes are taken out
8. a withdrawal from your bank account
9. real items such as cars, pencils, binders, cell phones, and clothing
10. the money a person gets from salary and wages
13. money set aside for big, unexpected expenses such as job loss or large medical bills. It provides a financial buffer that shields against accruing unwanted debt
14. money loaned, for a fee, that must be paid back
15. money owed when you buy something on credit or borrowed money
18. the amount of money in a bank account
20. money that is put away to be used later
21. the amount of money due on a loan before interest.