Vocab Words

2. Money put into stocks, bonds, IRA'S, etc. For the future
6. _____Account Money put into an account to be used immediately
9. a loan of money
10. an individual, bank, or company who loans money
12. Spending more than you have in your checking
14. Fund Money put asaide for retirement
17. The change in the cost of living from year-to-year
18. Allows you buy a piece of a company
20. a percentage of a borrowed sum of money which must be paid in addition to the repayment of the loan itself
21. _____account A way to save money for a future want or need by placing a certian amount of money into the bank on a regular basis
22. A detailed receipt of the service that was provided with the amount owed listed
24. Taking money from your checking or savings.

1. The money borrowed from a bank or lender to purchase a home. House payment
3. a plan for spending and saving one’s income
4. Putting money into a checkings or savings account
5. money which one has on-hand that can be freely spent
6. _____ rating/score This is based on how well you pay your debt; credit cards, loans, mortgage, etc.
7. _____Card A pre-approved loan that allows you to purchase things with money that you don't have must pay interest when paying the loan back
8. _____card a card used to access your savings and checking accounts. This card is used like cash
11. financial obligations, such as bills
13. Money earned as a percentage of a sale or service.
15. terms for one’s work-related financial earnings
16. money received from work, investments, or other financial support
18. Money set aside for later use of in case of emergency
19. _______ Wage: the lowest wage permitted by law; in the U.S., $7.25 an hour.
23. a sum of money given for designated period of time which must be repaid
25. Money owed