Personal Finance
Across
- 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
Down
- 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