Basic Financial Literacy Terms for Kids Crossword Puzzle

QUESTIONS LIST:

• credit : this card allows you to borrow money from the company and you must pay interest or extra money if you cannot pay them back the full amount by the due date
• taxes : payments taken from your paycheck and paid to the government to fix roads and improve schools
• budget : allows you to track your incoming money and how you spend your money
• debit : this card takes money directly out of your checking account instantly
• saving : not spending your money right now, but setting it aside for the future
• debt : money owed to someone that must be paid back
• interest : 2 sides, the cost you are charged to borrow money and you cannot pay it back immediately or the additional money you earn when saving
• checking : money is instantly taken out of this account when you use a debit card or write a check to buy things or pay bills
• atm : an automated teller machine that allows you to withdraw money from your checking account, deposit checks or cash, transfer money between your accounts and view your balances any time of the day without the help of a bank teller
• credit score : a score based on the length of time you have paid your bills on time and how much of your credit you use