Financial Literacy TERMS

1234567891011121314151617181920
Across
  1. 4. person or institution that provides you with the loan
  2. 6. additional fee paid on a monthly basis to the lender
  3. 7. a statement that accompanies a paycheck highlighting earned income and deductions
  4. 9. A plastic card that allows an individual to make a purchase using funds from his or her bank account(s)
  5. 11. the type of income and expenses that are the same each month
  6. 12. type of income that is your total pay before any deductions
  7. 13. money earned through employment or investments
  8. 14. money withheld from a paycheck
  9. 15. A number ranging from 300 to 850 representing a person’s credit history
  10. 16. amount of money you pay on a monthly basis toward paying off your loan
  11. 20. a type of loan used to purchase a home, condo or piece of property
Down
  1. 1. The ability to purchase goods or services with the promise to pay for it at a later time
  2. 2. Money collected by some city governments to be usedfor city public services, such as sidewalks and city water systems
  3. 3. a type of mortgage where the principal and interest payments remain constant throughout the entire duration of the loan
  4. 5. money spent on items and bills
  5. 8. a chart that documents how much money an individual spends and earns
  6. 10. A plastic card that allows an individual to make a purchase on credit.
  7. 17. The relationship between income and expenses in a budget
  8. 18. amount of money you borrow, which must be paid back to the lender within a given period of time
  9. 19. type of income that is your total pay after any deductions (this is commonly referred to as take-home pay)