First Semester Review Vocabulary Words Finance

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Across
  1. 2. The amount of money you recieve in your paycheck before any deductions or taxes are taken out
  2. 5. Money received on a regular basis
  3. 7. The amount of money you recieve in your paycheck after any deductions or taxes are taken out
  4. 8. Federal budget that is approved by Congress
  5. 10. The cost required to pay for something
  6. 11. A document that is given to a worker with each paycheck and that shows the amount of money earned and the amount that was removed for taxes
  7. 13. An amount of money paid regularly to a person
  8. 14. Things you would like to have; they are not absolutely necessary, but they would be nice to have
Down
  1. 1. A saving strategy where you put a fixed amount of money into a savings account immediately after receiving your paycheck, rather than waiting until the end of the month to save what's left.
  2. 3. A budgeting technique where 50% of your paycheck is spent on needs, 30% on wants, and the last 20% on savings.
  3. 4. A tax on the income of a person or business
  4. 6. A breakdown of your income and expenses for a set period of time
  5. 7. Things you have to have; these are essential
  6. 9. Putting aside money for future use
  7. 12. An amount of money owed for goods or services