Financial Literacy TERMS

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