Personal Finance Anchor Terms

1. Money paid to the U.S. government based on your income.
3. The most important thing you give up when you choose one option over another.
4. Money you choose not to spend now so you can use it later.
8. Card Card that uses money directly from your checking account.
9. Spending more money than you have in your account, causing a fee.
10. A plan for how you will use your money to pay expenses and save.
11. Money taken out of your paycheck for taxes or other required costs.
12. Something you enjoy or would like to have, but is not necessary.
13. Bank account used for everyday spending.
16. Money you receive from working or other sources.
18. Score Number showing how responsible you are with money and payments.
21. Money you take out of a bank account.
23. Total money earned before deductions.
24. Money you borrow and must pay back.
27. A cost that changes from month to month.
28. The smallest amount you must pay on a credit card bill.

2. Money you put into a bank account.
4. Required tax that helps pay for retirement and disability benefits.
5. Bank account used to store money for later.
6. Money you spend on things you buy or use.
7. The original amount of money you borrow.
12. Form showing your yearly earnings and how much tax was taken out.
14. Something you must have to live or meet responsibilities.
15. A cost that stays the same every month.
17. Required tax that helps pay for health insurance for older adults.
19. Extra money you pay for borrowing.
20. Money you take home after deductions.
22. Form you fill out when starting a job that tells your employer how much tax to take out.
25. Extra money charged when you pay a bill late.
26. Money paid to your state government based on your income.