Saving Unit Vocabulary

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Across
  1. 2. the original amount of money saved or invested, separate from interest or earnings
  2. 5. _______ fund is money set aside for unanticipated expenses or loss of income
  3. 8. the amount you earn as the benefit of depositing money in an interest bearing account
  4. 9. the 50-20-30 rule puts 20% of your income towards _______ and debt repayment
  5. 10. the 50-20-30 rule puts 30% of your income towards _______ spending
Down
  1. 1. ______ of Deposit (CD) is a savings certificate with a fixed interest rate and maturity date
  2. 3. _____ interest is when interest is earned on both the principal amount and any interest already earned
  3. 4. the 50-20-30 rule puts 50% of your income towards _______
  4. 6. pay ____ first is a method of saving whereby you put a fixed amount of income into a savings account before you pay monthly bills or make purchases
  5. 7. ____ interest is when interest is paid on the principal alone