Financial Literacy TERMS

12345678910111213141516171819
Across
  1. 4. type of income that is your total pay after any deductions (this is commonly referred to as take-home pay)
  2. 8. type of income that is your total pay before any deductions
  3. 9. a type of mortgage where the principal and interest payments remain constant throughout the entire duration of the loan
  4. 10. Money collected by some city governments to be usedfor city public services, such as sidewalks and city water systems
  5. 11. A number ranging from 300 to 850 representing a person’s credit history
  6. 14. a chart that documents how much money an individual spends and earns
  7. 16. money earned through employment or investments
  8. 17. A plastic card that allows an individual to make a purchase using funds from his or her bank account(s)
  9. 18. The relationship between income and expenses in a budget
Down
  1. 1. amount of money you pay on a monthly basis toward paying off your loan
  2. 2. a type of loan used to purchase a home, condo or piece of property
  3. 3. The ability to purchase goods or services with the promise to pay for it at a later time
  4. 5. a statement that accompanies a paycheck highlighting earned income and deductions
  5. 6. amount of money you borrow, which must be paid back to the lender within a given period of time
  6. 7. money withheld from a paycheck
  7. 10. A plastic card that allows an individual to make a purchase on credit.
  8. 12. money spent on items and bills
  9. 13. additional fee paid on a monthly basis to the lender
  10. 15. the type of income and expenses that are the same each month
  11. 19. person or institution that provides you with the loan