Financial Literacy

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Across
  1. 2. Contributions Contributions made by Canadian workers and their employers to the Canada Pension Plan, a social insurance program.
  2. 5. Money set aside and not spent, typically for future use, emergencies, or investments.
  3. 6. Obtaining money or assets from another party with an agreement to repay it, often with interest.
  4. 8. A financial plan that outlines expected income and how it will be allocated to various expenses, savings, and investments.
  5. 9. Income Income remaining after deducting taxes and other necessary deductions from the gross income.
  6. 10. Amounts subtracted from gross income to calculate net income, which can include taxes, insurance premiums, and retirement contributions.
Down
  1. 1. The costs incurred or money spent to maintain or run a household, business, or lifestyle.
  2. 3. Income Total earnings before any deductions or taxes are taken out.
  3. 4. A sum of money borrowed from a lender, usually repaid with interest over a specific period.
  4. 5. The act of using money to purchase goods, services, or pay for expenses.
  5. 7. The cost of borrowing money, usually a percentage of the loan amount paid by the borrower to the lender.