Personal Finance Puzzle

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Across
  1. 2. Money that is made in a business after all the costs and expenses are paid.
  2. 5. Occurs when you don’t have enough money in your account to cover a transaction, but the bank pays the transaction anyway.
  3. 8. Compensation received by an employee for services performed.
  4. 9. The profit or loss on an investment.
  5. 12. Money that students receive based on academic or other achievements to help pay education expenses.
  6. 13. Money earned or received such as wages or salaries, tips, commissions, contracted pay, government transfer payments, dividends on investments, tax refunds, gifts, and inheritances.
  7. 14. A plan that outlines what money you expect to earn or receive (your income) and how you will save it or spend it (your expenses) for a given period of time; also called a spending plan.
  8. 17. Money that needs to be repaid by the borrower, generally with interest.
  9. 18. occurs when the prices of goods and services increase over time.
  10. 19. A profession that may span your lifetime and includes your education, training, professional memberships, volunteering, and full history of paid work.
Down
  1. 1. Money you have set aside in a secure place, such as in a bank account, that you can use for future emergencies or to make specific purchases.
  2. 3. A fee charged by a lender, and paid by a borrower, for the use of money.
  3. 4. A person or organization that borrows something, especially money from a bank or other financial institution.
  4. 6. Required payments of money to governments, which use the funds to provide public goods and services for the benefit of the community as a whole.
  5. 7. In the lending context, principal is the amount of money that you originally received from the lender and agreed to pay back on the loan with interest.
  6. 10. Compensation received by employees for services performed.
  7. 11. A measure of the ability and ease with which you can access and use your money.
  8. 15. An organization or person that lends money with the expectation that it will be repaid, generally with interest.
  9. 16. A law that requires taxes to be deducted from your pay to contribute to Social Security and Medicare