Financial Literacy Vocabulary

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Across
  1. 2. an amount of money used to buy goods or services.
  2. 6. a cost that is the same each month and that cannot be easily adjusted to balance a budget, such as a car payment or rent.
  3. 8. an account at a bank that allows a person to deposit or withdraw money and write checks to pay for goods and services.
  4. 9. the amount of money in an account (checking or savings) at any given moment.
  5. 11. money that is left after paying all fixed and variable expenses; profit may be calculated by subtracting all costs from revenue.
  6. 13. money placed into a checking or savings account at a bank.
  7. 14. a set payment that a person receives in exchange for work performed.
  8. 15. the amount of money received in a particular time (weekly, monthly, yearly) in exchange for work.
Down
  1. 1. a bank account that allows a customer to deposit and withdraw money and earn interest from the bank.
  2. 3. an organized plan, developed by a person, family, or business, for spending and saving money; budgets help people better manage money and make wise decisions involving income, spending, savings, and charitable giving.
  3. 4. a business that deals with money, deposits, investments, and loans, rather than goods or services.
  4. 5. a cost that may change from month to month and that can be easily adjusted to balance a budget, such as the amount of money spent for restaurant meals or movie tickets.
  5. 7. to use money or other resources to pay for goods and services.
  6. 10. to obtain or use money from a bank or other person in order to purchase goods or services.
  7. 12. money removed from a savings or checking account.