Across
- 3. person or entity that charges borrowers interest rates above an established legal rate
- 6. the percentage of principal charged by the lender for use of its money
- 7. to Paycheck an expression used to describe a person or household whose monthly income is devoted to expenses and has little to no savings
- 8. the cost of goods or services; money paid out
- 11. the amount by which the value of a person’s assets exceeds or falls behind the value of their liabilities
- 12. financial debts or obligations
- 13. an expression used to describe a person or household whose monthly income is devoted to expenses and has little to no savings
- 16. the dollar value of a person’s assets is greater than the dollar value of their liabilities
- 17. money owed to another person or company
- 18. all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
- 20. money owed to another person or company
Down
- 1. a person or organization that uses a product or service
- 2. anything that is owned by an individual, including money in the bank or investments
- 4. the dollar value of a person’s liabilities is larger than the value of their assets
- 5. all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
- 9. the granting of a loan and the creation of debt; any form of deferred payment
- 10. a plan of action that allows a person to meet not only their immediate needs but also their long-term goals
- 14. a person or organization that uses a product or service
- 15. the additional cost a lender charges for borrowing their money
- 19. what a person earns after payroll taxes and other deductions are taken out; often referred to as take-home pay