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Budget and Finance

Teacher: Mrs Macedo
Horizontales
A historical account of how a person has used credit
The level of formal knowledge and training a person acquires in a lifetime
The time allowed, usually 25 days, in which new credit-card purchases can be paid off, if there is no previous balance, without being charged interest
A fee for the support of federal government programs collected by the employer and paid to the internal revenue service
A plan for spending and saving money based on a person's goals during a given time period
A fee collected from most employees to support this federal program, which provided old-age, survivors, and disability insurance
A blueprint or plan for managing all aspects of a person's money
A fee for the support of state programs that is usually collected by the employer and paid to the state revenue department
Protection against large-scale financial loss
A person's payment activity
Collected from most employees to fund hospital insurance provided under the Social Security System
An amount a person must pay first (in addition to the premium) before insurance coverage will pay for a loss
Money set aside for short-term goals
Any money a person spends or gives away
Verticales
Amounts subtracted from gross income, which is withheld by an employer for items like taxes and employee benefits
Earning interest on interest
An amount of money someone is willing to loan another person based on trust and the expectation that the money will be repaid with interest
Fees placed on income, property, or goods to support government programs
The payment a person makes to an insurance company in exchange for its promise of protection and help
The length of time covered by a loan
A once a year fee charged by many card issuers in addition to the interest charged on purchase
Lifetime work that a person strongly believes in, which provides an income
The amount of a paycheck that a person can actually spend; essentially gross income less any payroll deductions
Money set aside for future income, benefit; or profit to meet long-term goals