Budgeting Thursday Clock In

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Across
  1. 3. A worker’s education, skills, training, knowledge, and credentials.
  2. 8. Any items subtracted from your paycheck, including state and federal income taxes, Social Security, health insurance or 401(k) contributions.
  3. 9. Income which can be anticipated with reasonable certainty concerning the amount and month in which it is to be received. Examples: salary, allowance, wages, and educational grants or scholarships.
  4. 12. Goals which are usually 3 to 10 years in the future. (Example: paying down a debt, buying a car)
  5. 13. A portion of the total cost of an item, such as a car or house, that must be paid at the time of purchase. The buyer will often take out a loan to finance the remaining balance.
  6. 14. A plan of your expected income and how you will use it to meet your expected expenses over a period of time.
  7. 15. An individual's earning potentials based on their employment, experience, work history, qualifications, or certifications.
  8. 17. Goals that require money beyond what is normally allowed by a budget. (Example: emergencies, vacations, social events, major purchases, gifts, celebrations)
  9. 18. A set amount you are paid for every hour that you work; also called hourly pay
Down
  1. 1. Expenses= fixed and variable expenses.
  2. 2. car repairs, medical bills, replacement of losses from natural disasters or theft.
  3. 4. Goals which are usually anticipated major expenditures that require saving. (Example: home ownership, education, retirement, investments)
  4. 5. gifts, bonuses, inheritances, windfalls.
  5. 6. A budgeting method that allocates 50% to needs, 30% to wants, and 20% to savings and debt repayment.
  6. 7. A cost that can be expected at regular intervals and that remains the same amount (Example: monthly rent payment)
  7. 10. terms or services you pay for such as rent, groceries, entertainment, bills, etc.
  8. 11. A fixed amount that you are paid over a period of time, regardless of how many hours you work.
  9. 16. A cost which fluctuates according to changes in lifestyle, such as food and entertainment costs (e.g., utility bills, streaming services, movies, sports activities, gym membership, books, Internet service).