Financial Literacy - Banking
Across
- 6. charges by financial institutions on customer for account maintenance, services, or penalties
- 9. using your money to acquire assets such as stocks, bonds or property aiming for their value to increase over time
- 10. a service or activity available on or performed using the internet, computer or mobile network
- 11. an account at bank or credit union that allows you to make deposits, pay bills and make withdrawals
- 13. in banking refers to joining a credit union, where depositors are not merely customers, but part-owners members
- 18. an account at a bank or credit union that pays you interest
- 20. a long-term actionable plan that aligns financial resources and technology to achieve financial goals
- 21. Specific, Measurable, Achievable, Relevant, Time-bound
- 22. withdrawal from one’s position or occupation of from active working life
- 23. to intensify making something bad worse or something good even better. When it relates to interest, when you earn interest on both your principal and the interest.
- 25. required payments of money to governments, which use the funds to provide public goods and services for the benefit of the community as a whole
- 26. an entry recording an amount owed
- 28. to remove, extract, or take out money or funds from an account
Down
- 1. a sum of money placed into a financial institution such as a checking or savings account
- 2. refers to assets that can be quickly and easily converted into cash without a significant loss in value
- 3. a plan that outlines what money you expect to receive and how you will save it or spend it within a given period of time
- 4. the management of money, assets and liabilities
- 5. any movement of money into or out of a bank account
- 7. an unplanned essential expense or event that has an urgent and unexpected financial cost
- 8. money available for transaction, savings, or investment
- 11. the ability of a customer to obtain goods or services before payment, based on trust that payment will be made in the future
- 12. a banking fee or increased interest rate charged to a consumer for violating a financial agreement
- 14. an individual’s or entity’s total net worth
- 15. when you withdraw or spend more money than is available in your checking account
- 16. a fee charged by a lender and paid by a borrower for the use of money, usually expressed as a percentage rate
- 17. resources owned or controlled by a financial institution that hold monetary value and generate income
- 19. the total amount of money available in an account
- 24. the subtraction of an amount from a total balance
- 27. a financial institution and business that accepts deposits, makes loans, and handles financial transactions