Guess the term-Financial 101
Across
- 2. Insurance: A type of insurance that helps cover medical expenses.
- 4. Income: The total amount of money a person o business generates before taxes
- 6. Income: The income you actively work for, such as a salary, hourly wage, freelancing, or running a business where you are directly involved and is the most traditional form of earning money.
- 7. The amount you must pay out-of-pocket for medical expenses before your health insurance starts covering the cost
- 9. The process of estimating, planning, and allocating future income and expenses over a specific period of time.
- 10. Account: A bank account that earns interest on deposited money, typically used for long-term savings goals
Down
- 1. A fixed amount you pay each time you receive a specific medical service, like a doctor's visit or prescription.
- 3. Fund: A savings account set aside for unexpected expenses or financial emergencies
- 5. Income: The amount of money you bring home after taxes and other deductions are taken out of your paycheck.
- 8. Account: A bank account used for everyday transactions, allowing easy access to funds through checks or debit cards