Across
- 3. a reduction to the amount of taxable income you made in a year
- 5. Ira a self-funded retirement account that invests pre-tax dollars so taxes ARE owed when funds are withdrawn at retirement.
- 9. a loan used to buy a home, often with a term of 15-30 years
- 12. to income the amount of money you make each month compared to how much debt you have to pay
- 13. the total amount of unpaid money on a loan excludin any interest charges
Down
- 1. contributions to the state and federal governments to pay for things like public services
- 2. how easily accessible money is. A checking account is extremely liquid. A certificate of Deposit is not
- 4. a request you submit to your insurance provider to pay for covered expenses
- 6. payment an amount paid before a large purchase that reduces the loan amount and proves your intention and ability to repay the loan
- 7. worth the amount that you own in assets minus the amount you owe in liabilities
- 8. a contract to use someone else's property for a specified rate and length of time
- 10. Ira a self-funded retirement account that invests after tax dollars, so taxes arent owed when the funds are withdrawn at retirement.
- 11. anything that you spend money on, whether it's a necessity or a luxury
- 14. a service that provides protection against unpredictable events such as a car accident or broken arm
- 15. a document detailing the type and amount of coverage that your insurance offers