Across
- 3. the total amount of money held by an individual or company, including both assets and debts
- 8. money paid at a regular rate in exchange for money lent
- 9. a retirement account with tax advantages where money can be saved and invested for the long term
- 10. the things you would like to be able to do with your money in less than a year
- 12. an investment strategy that divides up the amount of money being invested and purchases small quantities of assets over time
- 16. money that is paid quarterly to shareholders of a company from the profits the company earns
- 18. property owned by a person that has value and could be used to pay off
- 19. small amounts of money borrowed from credit card lenders at a very high-interest rate
- 22. the initial payment at the point of purchase of a large item like a car or house, a bigger down payment can reduce the amount you must pay monthly
- 24. all of the money that an individual receives or earns in a set period of time
- 25. a plan for income and expenses during a set period of time
- 27. a retirement plan for the benefit of employees of public schools, some hospitals, and certain tax-exempt organizations
- 28. a small loan with a very high-interest rate lent with the expectation that the borrower will repay the full amount of the loan with their next paycheck
Down
- 1. a loan for a house where the interest rate stays the same throughout the entire term of the loan
- 2. the things you would like to be able to do with your money in around one to five years
- 4. the things you would like to be able to do with your money more than five years in the future
- 5. the pay for work completed in a set period of time
- 6. tax paid to the IRS based on income from employment or business activity
- 7. an individual retirement account where you can make after-tax contributions; withdraws made after age 59 1/2 are tax and penalty fee
- 11. the original amount of money lent in a loan that does not include interest
- 13. debt that does not increase your net worth or help you earn money
- 14. the monetary fees given to an individual if they perform an early withdrawl from a locked or time-specific account such as a 401K, 403b, or IRA account
- 15. a tax-advantaged retirement plan with an employer contribution
- 17. money that is expended with the expectation of earning profit in return
- 20. an increase in monetary value
- 21. money expended that can increase your net worth and help you earn more money
- 23. money that is owed in return for a loan or a purchase
- 26. an employer-sponsored account where employees can save money from each paycheck to be used in retirement