Personal Finance Savings Unit

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Across
  1. 4. A retirement account that allows a person to set aside income to a set amount every year
  2. 7. The lowest amount that must be kept in the account
  3. 10. The buying of goods without planning to do so in advance
  4. 11. The rate at which the price of goods increase and buying power decreases
  5. 12. Automatic Teller Machin; Allows the user to check balances, make withdrawals, or deposits remotely
  6. 13. To sign the back of a check
  7. 16. A savings account that earns a high interest rate and it set for a period of time
  8. 19. 50% of your paycheck goes to necessities, 30% toward your wants, and 20% towards your savings
  9. 20. 3-6 months of your expenses saved in case of an emergency
  10. 21. The amount of goods a consumer can buy with the same amount of money, decreases overtime
Down
  1. 1. A type of savings account that allows for check writing and debit card use
  2. 2. The original amount of money saved or invested
  3. 3. A savings account specifically online that offers higher interest rates
  4. 5. A trick to see how long it will take your money to double
  5. 6. Reinvesting earned interest back into the principal
  6. 8. A method of savings where you put money into your savings before moving any more money
  7. 9. Check A check that has been paid
  8. 14. Interst paid on the principal alone
  9. 15. A card that allows to user to make purchases by borrowing money
  10. 17. A card that is directly related to your checking account
  11. 18. A written statement ordering the bank to move money