Across
- 5. A number that shows how good you are at paying back money you borrow
- 7. Account for short/long term goals; earns % APY
- 9. Mutual exchange; if you give, you get (& vice versa)
- 10. Amount you will pay before insurance benefits apply
- 11. Amount paid at time of purchase with the remainder to be paid later
- 13. Income minus deductions (pocket money)
- 14. The act of taking money OUT
- 15. Acronym for Annual Percentage Yield; also known as "interest rate"
- 16. The reward for saving and the cost of borrowing.
Down
- 1. Income before deductions (taxes, insurance, retirement)
- 2. Loan for your house, paid back monthly over many years (+ interest)
- 3. Monthly payments
- 4. The act of putting money IN
- 6. Bank account for daily spending needs; no % APY
- 8. Amount of positive relationships gained (network) that can contribute towards your goals “It’s all about who you know.”
- 12. Monthly Payments (premiums) that ensure partial to full cost coverage for future need (e.g., home, renters, car, health)
