Across
- 4. the amount by which the value of a person’s assets exceeds or falls behind the value of their liabilities
- 5. a financial institution licensed to receive deposits and provide financial services
- 6. financial debts or obligations
- 7. the percentage of principal charged by the lender for the use of its money
- 9. the dollar value of a person’s liabilities is larger than the value of their assets
- 10. independent federal agency that insures deposits in bank accounts up to $250,000
- 11. a person or organization that uses a product or service
- 12. what a person earns after payroll taxes and other deductions are taken out; often referred to as take-home pay
- 13. Finance all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
- 15. also known as internet banking; all transactions done online; no physical location
- 17. independent federal agency that insures deposits in credit unions up to $250,000
- 18. to Paycheck an expression used to describe a person or household whose monthly income is devoted to expenses and has little to no savings
- 19. money owed to another person or company
Down
- 1. the amount of interest charged on a debt but not yet collected; interest accumulates from the date a loan is issued
- 2. the dollar value of a person’s assets is greater than the dollar value of their liabilities
- 3. people who don‘t have bank accounts
- 8. the cost of goods or services; money paid out
- 10. a plan of action that allows a person to meet not only their immediate needs but also their long-term goals
- 14. anything that is owned by an individual, including money in the bank or investments
- 16. people who have savings or checking accounts but still use alternative financial products and services