Intro-Budgets Vocab

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Across
  1. 4. Money you pay for goods or services
  2. 5. __________Income: The amount of money you receive after all deductions are withheld (Your take home pay)
  3. 6. Financial protection against loss
  4. 10. Debts that you owe
  5. 11. _______________Income:The money you have left to spend after all basic needs are financially met
  6. 13. A financial plan for how income will be used
  7. 15. The federal form that is used to calculate your tax withholdings from your paycheck
Down
  1. 1. __________Income:The amount of money you earn
  2. 2. The amount of money you must pay when using insurance to cover remaining expenses
  3. 3. Savings or property you own with value
  4. 7. The money you pay to another person (landlord) to live in a place that they own
  5. 8. An account that allows you to save money for medical expenses tax free. Requires a High Deductible Health Plan.
  6. 9. Rent __________: An initial payment given to the landlord prior to moving in to their building that can be refunded if the rental is still in good condition
  7. 12. The federal form that verifies a person can legally work in the United States
  8. 14. __________Payment: The initial amount you pay for an item when financing the remainder
  9. 16. An employer sponsored retirement savings plan