Budgeting

1234567891011121314151617181920
Across
  1. 2. An account to carry out daily transactions
  2. 3. An important factor to consider when choosing a bank to save your money
  3. 8. An acronym commonly used to set goals in financial planning
  4. 9. A term used when you put money into your bank
  5. 11. Money owed to others also known as debts
  6. 13. A type of funding gathered from individuals across the world
  7. 14. A payment card that immediately deducts money from your bank account
  8. 15. A type of fund that recommends saving 3 to 6 months of expenses (Rule of thumb)
  9. 18. A stream of money that is constant each time you pay
  10. 19. Spending a certain portion of money through multiple platforms with sufficient research and analysis to grow your money
  11. 20. You should only spend on needs(True or False)
Down
  1. 1. An account to set aside and earn on interest on your money
  2. 4. A category in the 50-30-20 budgeting rule that takes up the highest percentage
  3. 5. A type of interest that is based on the principal amount of a loan or the first deposit in a savings account
  4. 6. Documenting expenses on a regular basis
  5. 7. A plan to manage money for a stipulated time frame
  6. 10. A type of expense that differs from time to time
  7. 12. A card that works like a loan, which you can repay on a fixed, future date
  8. 16. The amount of money spent
  9. 17. A type of interest earned when you obtain interest on both the money saved and the interest earned