Econ 01. Personal Finance and Economics Foundations

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Across
  1. 5. ______ Expenses - Costs that don’t change month to month.
  2. 6. Money set aside for future use.
  3. 8. Borrowed money to be repaid later.
  4. 9. ____ Income Earnings after deductions like taxes.
  5. 10. Inputs used to produce goods and services.
  6. 12. _____ Expenses - Costs that fluctuate based on usage.
  7. 16. Money earned from work or investments.
Down
  1. 1. ______ Goals - Targets for managing your money.
  2. 2. The total value of assets minus liabilities.
  3. 3. Interest _____ - The cost of borrowing money.
  4. 4. The study of how people use resources.
  5. 7. The limited nature of resources.
  6. 11. Specific, measurable, achievable, relevant, time-bound objectives.
  7. 13. A plan for income and expenditures.
  8. 14. Emergency _____ - Savings for unexpected expenses.
  9. 15. Opportunity ____ - The value of the next best alternative foregone.