Across
- 4. Optional spending on wants rather than needs
- 5. Money you spend on needs and wants
- 11. Expenses that occur at various times in large lump sums
- 12. A budget where total income minus total expenses equals $0
- 14. What you earn before taxes and deductions are removed
- 17. Payroll tax currently at 1.45% of gross earnings
- 18. A record of income and spending over a time period
- 19. Earnings based on a percentage of sales
- 20. Assets minus liabilities; your financial starting point
Down
- 1. Money withheld from your paycheck and paid to the government
- 2. An expense that stays the same amount every month
- 3. Money you receive from work, gifts, or investments
- 6. What you own, such as cash, savings, or investments
- 7. A cash reserve for unexpected expenses
- 8. What you owe
- 9. An expense that changes in amount month to month
- 10. A written plan for giving, saving, and spending your money
- 13. Payroll tax currently at 6.2% of gross earnings
- 15. Money set aside for future goals and emergencies; "pay yourself first"
- 16. Take-home pay after taxes and deductions