Personal Finance

3. A type of credit when a borrower receives a lump sum of money upfront and agrees to repay the loan (+ interest) in equal installments
4. When you get paid twice a month (24 times a year)
6. Amount you receive AFTER taxes and deductions
7. A type of account where you deposit money for future use
8. The amount of money that an individual is required to pay before their insurance coverage begins
11. An investment that represents ownership in a company
13. Amount you earn BEFORE taxes and deductions are taken out
14. A type of retirement account with tax advantages, often offered by employers
15. A type of credit where the borrower is provided a limit and can charge, pay off and charge again and pay off, over and over
16. A type of loan used to finance the purchase of a home

1. The fee charged by a lender for borrowing money
2. The amount of money you owe to lenders
5. A type of insurance that provides financial protection in the event of illness or injury
9. The amount of money that an individual is required to pay BEFORE seeing the doctor
10. When you get paid every two weeks (26 times a year)
12. Money that is set aside for emergencies or unexpected expenses