Across
- 2. a plan that outlines an individual's income and expenses over a specific period of time
- 5. Federal Deposit Insurance Corporation
- 7. allows individuals to make purchases with a preloaded amount of money, no direct link to a bank account
- 10. the unauthorized use of someone else's personal information
- 11. a loan used to purchase a home
- 13. the management of an individual's money, including budgeting, saving and investing
- 17. account where money is stored long-term, earns interest
- 18. taking money out of a bank account
- 19. the loss of potential gain from other alternatives when one alternative is chosen (expressed as the value of what you gave up)
- 20. allows individuals to make purchases using money they have in their checking account
Down
- 1. fees paid by homeowners in a shared community for the upkeep of common areas
- 3. wages/paycheck are sent directly to bank account electronically
- 4. assets that can quickly be converted into cash
- 6. account where money is deposited to have easy access to it for day-to-day transactions
- 8. financial institution that is responsible for holding and managing money, and providing various financial services to customers
- 9. allows individuals to make purchases using borrowed money that must be paid back with interest
- 12. the cost of borrowing money, expressed as a percentage of the total amount borrowed
- 14. a number assigned to an individual by a credit bureau that reflects their financial responsibility and use of credit
- 15. putting money into a bank account
- 16. When you save money in the bank, they reward you with interest because they __ off of your money