Across
- 1. Another word for Pyramid scheme
- 3. This is the type of economy the U.S. and most of the world uses involving some government involvement in the economy
- 4. Something you are working for. An objective you have set for yourself
- 5. The fee you are charged if you spend more than what is available in your checking account
- 7. Medicare and Social Security combine to make this
- 9. Financial assistance you do not need to pay back. Often in the form of a scholarship
- 10. How you would define salary, commissions, tips, or hourly wages
- 13. The original amount borrowed for a loan
- 15. A period of economic decline when GDP declines for two consecutive quarters
- 19. What type of investment is ownership of a company
- 20. The general rise in the price of goods
- 23. This type of insurance protects your home from floods, fires, or other unexpected events
- 24. Term used for pay after taxes are taken out
- 25. A well mixed group of investments to reduce risk
- 26. When you are unable to pay your bills. This remains on your credit report for 7-10 years
- 27. Something that is essential for your survival.
- 29. This type of insurance protects you when you get sick, go to the hospital, or need a medical procedure
- 30. The loss of a potential gain when an alternative option is chosen. ____ cost
Down
- 2. The extra amount we pay for borrowing the banks money
- 4. Taking a financial risk usually by betting on the outcome of a game
- 6. This type of insurance protects you when you are driving
- 8. This table shows how much principal and interest is applied with each payment
- 10. The process of buying assets that increase in value over time and provide a source of income
- 11. An expense you could live without if needed. Not essential for survival
- 12. Free Application for Federal Student Aid
- 14. The transfer of financial risk to an organization
- 16. This is the type of economy a country would use that has complete control over the economy
- 17. The payment an individual makes after an accident before insurance will pay
- 18. This type of insurance pays the beneficiaries in the event that the insured individual dies
- 19. The condition of having unlimited wants with limited resources
- 21. Term used for pay before taxes are taken out
- 22. The cost to keep an insurance policy active. Usually paid monthly
- 25. This type of insurance pays an individual a portion of their income in the event that they are unable to work
- 28. The account money is withdrawn from when you use a debit card