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