PFM1 Tyler wells

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Across
  1. 1. when income is greater than expenses
  2. 6. saving money over time for a large purchase
  3. 7. when an employee receives a percentage if the amount of sales they produce
  4. 9. five steps to financial success
  5. 12. a series of envelopes that are divided into categories which are used to store cash for monthly expenses
  6. 15. a forward looking income and expense statement AKA a budget
  7. 16. when money is put straight into your account
  8. 18. a payment applied to the balance of a loan when purchasing real estate
  9. 19. a persons income earned as a salary or wages before taxes and other deductions
Down
  1. 2. when income is less than expenses
  2. 3. money received
  3. 4. a written cash flow plan
  4. 5. money spent
  5. 8. an item that is bought without previous planning
  6. 10. when someone steals your identity and information
  7. 11. interest paid or previously earned
  8. 13. when money is available to be used only in the event of an emergency
  9. 14. percentage paid to a lender for the use of borrowed money
  10. 17. a copy of each check you write
  11. 20. a legal document that functions like cash.