Financial Literacy Unit 3

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Across
  1. 2. payments using security features on the Internet
  2. 4. to take out of, to subtract (taxes are deducted from a paycheck)
  3. 6. money earned or received
  4. 8. to take money out of an account ( a withdrawal makes the balance go down)
  5. 11. the total amount of personal income prior to taxes and deductions
  6. 12. a monthly or yearly spending and savings plan for an individual, family, business, or organization
  7. 13. a written document telling the financial institution to pay a specific amount of money from your account to a specific person or organization
  8. 15. the amount of money collected from the property owner based on the value of a property for the local government as required by law
  9. 16. money put IN to an account (the balance goes up)
  10. 17. a card that can be used to borrow money from financial institutions, stores, or other businesses in order to buy products and services on credit
Down
  1. 1. – to reconcile your budget to ensure the amount of income and expenditures are equivalent
  2. 3. money paid by an employee or business to the federal government based on an individual's or business' income as required by law
  3. 5. the amount of money collected by a store (retailer), in addition to a good or service that was purchased, for the local government as required by law
  4. 7. the income that remains after taxes and other deductions are taken from an individual’s gross income
  5. 9. payment for goods and services
  6. 10. a bankcard issued by a financial institution that is electronically linked to an individual’s checking account for the purpose of making banking transactions, making payments for services, and/or making purchases
  7. 14. money collected by an employer from an employee's salary based on the employee's income that is paid to the federal government on behalf of the employee as required by law