Financial Terminology

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Across
  1. 1. A name for a newer type of currency that only exists on the computer and is not controlled by a government or bank
  2. 3. Your ______________ income is the amount of money you make AFTER taxes are deducted from your paycheque
  3. 5. ________________expenses are the monthly costs that tend to stay the same from month-to-month (e.g. rent)
  4. 6. ______________expenses are the monthly costs that can change from month-to-month (e.g. entertainment costs)
  5. 8. Someone might need to file for ________________ if they borrowed so much money that they can no longer afford to pay it back
  6. 12. the amount of money you pay every month toward owning your own home
  7. 14. the name for the lowest hourly amount of money you are allowed to pay someone by law
  8. 16. Your ____________ income is the amount of money you make BEFORE taxes are deducted from your paycheque
  9. 17. Money lent to post-secondary students by the government to pay for school expenses
Down
  1. 2. The name for the period of your life after you stop working
  2. 4. The financial term for the things you own that are of value and could be sold
  3. 7. _____________ the financial term for the extra money you need to pay back to the person who gave you a loan
  4. 8. Something you make and follow in order to track how much money you can afford to spend every month
  5. 9. What does the first "R" in "RRSP" stand for?
  6. 10. Money that you put aside and do not spend at the end of the month
  7. 11. the name for the amount of money you earn every year at your job
  8. 13. ______________ the fees you pay to take classes at a post-secondary institution
  9. 15. the name for the money you have borrowed or owe to others
  10. 18. the general name for the extra "things" that are offered at or near a rental building (e.g. gym, shopping, in-suite laundry)