Personal Finance

4. an individual's income earned as salary or wages before taxes and other deductions
7. depository institution that offer many banking services and are owned by their customers
10. something a person intends to acquire, achieve, or accomplish in the future
11. managing money continuously through life in order to reach your financial goals
13. tax on earned and unearned income
18. tax on purchased goods and services
19. money received
21. businesses that provide financial services
22. goal that will be attained in more than one year
24. take home pay
25. amount you could realistically sell an asset for today
26. when expenses are greater than income
28. percentage rate used to calculate interest

1. tax on property, such as land, buildings, and automobiles
2. goal that will be attained in less than one year
3. specific objectives that are accomplished through financial planning
5. portion of current income not spent on consumption
6. feeling good about one's life
8. income received from sources other that employment
9. managing money in ways that build a sense of understanding, competence, and control
12. when income is greater than expenses
14. measurement of how much a person or household owns once all debts have been paid
15. an account that allows quick access to funds for transactions
16. money earned from working for pay
17. value of the next best alternative that must be forgone as a result of a decision
19. price paid for using someone else's money
20. giving up one thing for another
22. debt or obligation owed to others
23. tax on earned income
27. goods or services that are required for survival