25 vocab words
Across
- 2. Contract compensating for risks like accident or illness.
- 5. fund Savings for unexpected financial situations.
- 6. score Number representing creditworthiness based on financial history.
- 7. Cost paid for borrowing money.
- 8. Union Nonprofit financial institution offering lower rates and fees.
- 9. Original amount borrowed or invested, excluding interest.
- 13. Ability to borrow and repay debts on time.
- 14. Annual cost of a loan, including interest and fees.
- 15. Financial plan managing income and expenses over time.
- 17. Legal status when unable to repay debts, requiring court supervision.
- 18. Valuable items like cash, property, or stocks.
- 20. Permission to borrow money or assets, repayable with interest.
- 21. card Payment card that deducts money directly from a bank account.
- 22. yourself first Prioritize saving or investing before spending.
- 24. shopping Comparing prices, rates, and fees before buying.
Down
- 1. vs. Want Needs are essentials for living; wants are non-essential desires.
- 2. Money earned from work, investments, or business.
- 3. of Deposit (CD) Fixed-rate financial product, penalized for early withdrawal.
- 4. value of money Present money is more valuable than future money due to potential earnings.
- 10. Borrowed money to be repaid with interest.
- 11. Money borrowed that must be repaid, including interest.
- 12. Failure to meet financial obligations as agreed.
- 16. Spreading resources to reduce risk.
- 19. report Detailed record of an individual’s credit history.
- 23. Broker Licensed individual or company that buys/sells securities for investors, charging a fee or commission.