Financial Literacy terms

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Across
  1. 2. A plan for how to spend and save money.
  2. 3. (two words, no space) A credit line that can be borrowed, repaid, and borrowed again, like a credit card.
  3. 4. (two words, no space)A member-owned financial institution offering similar services to a bank.
  4. 6. Sums of money borrowed that must be paid back with interest.
  5. 8. (two words, no space) A loan repaid with regular, fixed payments over time.
  6. 10. Setting aside money for future use.
  7. 12. When you spend more money than you have in your checking account.
  8. 14. The cost of borrowing money or the reward for saving it.
  9. 15. (two words, no space) A system that gives points or cash back for using a credit card.
  10. 18. (four words, no space)A savings account that offers a higher interest rate than average.
  11. 20. (two words, no space) A bank account used for everyday spending and payments.
Down
  1. 1. (three words, no space) A savings product that locks in money for a set time at a fixed interest rate.
  2. 5. Using money to pay for goods or services.
  3. 7. Someone who agrees to take responsibility for a loan if the borrower cannot pay.
  4. 9. The ability to borrow money with the agreement to repay it later.
  5. 10. (two words, no space) A bank account that earns interest on deposited money.
  6. 11. (two words, no space) The value of what you give up when you make a choice.
  7. 13. (two words, no space) A number that represents a person’s creditworthiness.
  8. 16. Financial institution that holds money and offers loans and accounts.
  9. 17. Taking money now with a promise to pay it back later.
  10. 19. Creating a strategy to manage money and reach goals.