Unit 11 Financial Literacy

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Across
  1. 2. - The initial amount of money borrowed or saved.
  2. 5. - To place especially for safekeeping or as a pledge.
  3. 6. Pay - An employee's pay before any deductions are taken out.
  4. 8. Interest - Interest earned or paid on a principal and previously earned or paid interest.
  5. 9. - Money that is paid to a person for goods, services, or investments.
  6. 11. Worth - The difference between the monetary values of a consumer's assets and liabilities.
  7. 13. of living - Money required to cover necessary expenses to maintain a certain lifestyle standard in a particular place.
  8. 14. Needs - A minimal list of elements that human beings necessitate, in order to achieve a decent life.
  9. 17. Interest - A fixed percent of the principal. It is found using the formula l=Prt, where P represents the principal in their savings account.
  10. 18. - A payment usually of money for labor or services usually according to contract on an hourly, daily, or piecework.
  11. 20. - Amount of money you have to pay so they can pay for public services such as roads and schools.
  12. 21. - A type of payment a person gets for a work done for a job.
  13. 26. - The amount of money earned by bank customers based on the amount of principal in their savings account.
  14. 30. - A reduction of the income subject to tax, for various items, especially expenses incurred to produce income.
  15. 32. Expenses - Expenses that occur regularly and stay the same.
  16. 33. - A partial refund of the cost of an item.
  17. 35. - A spending plan based on income and expenses.
  18. 37. - Money that a person owes.
Down
  1. 1. Expenses - Expenses that occur regularly but may change because the consumer has some control over the amount.
  2. 3. - A reduction made from a regular or list price.
  3. 4. - A code that represents a discount.
  4. 7. Price - A unit rate used to compare prices.
  5. 10. Account - A bank account where you can make cash withdrawals or deposits.
  6. 12. - Money owed on your home that you pay monthly.
  7. 15. - Money spent to acquire something.
  8. 16. Pay - The difference between the monetary values of a consumer's assets and liabilities.
  9. 19. Income - The total amount of income minus qualifying deductions.
  10. 22. - Items a person owns with monetary value.
  11. 23. Tax - A government tax imposed on individuals or entities (taxpayers) that varies with the income or profits (taxable income) of the taxpayer.
  12. 24. - A plan to help you reach your financial goals.
  13. 25. Wage - The amount an employee is paid per hour they work.
  14. 27. - Money that is not spent by a consumer currently, but is reserved for later use.
  15. 28. Withholding - The amount of an employee's pay that the employer sends to the federal government as partial payment of the employee's yearly income tax.
  16. 29. Card - Used to pay for items or services using credit.
  17. 31. - Something (such as wages) earned.
  18. 34. Worth Statement - Your assets minus your liabilities
  19. 36. - Something one party owes another, typically money.