Personal Finance

3. money spent
8. depository institution that offer many banking services and are owned by their customers
9. money received
11. giving up one thing for another
13. tax on earned and unearned income
14. tax on property, such as land, buildings, and automobiles
16. percentage rate used to calculate interest
17. specific objectives that are accomplished through financial planning
18. goal stands for specific, measurable, achievable, relevant, and time-bound
20. an account that allows quick access to funds for transactions
21. portion of current income not spent on consumption
23. goal that will be attained in more than one year
24. price paid for using someone else's money

1. managing money continuously through life in order to reach your financial goals
2. goods or services that are required for survival
4. measurement of how much a person or household owns once all debts have been paid
5. take home pay
6. amount you could realistically sell an asset for today
7. value of the next best alternative that must be forgone as a result of a decision
10. an individual's income earned as salary or wages before taxes and other deductions
12. debt or obligation owed to others
14. tax on earned income
15. income received from sources other that employment
19. goal that will be attained in less than one year
21. tax on purchased goods and services
22. money earned from working for pay