Financial Labs Quiz

12345678910111213141516171819
Across
  1. 5. the money we're not getting back to spend on something else
  2. 8. when we don't consider what we're giving up when we make a choice
  3. 10. typing of "buying" where you may regret it later
  4. 11. the total amount that you own
  5. 15. something that holds negative value, like debt
  6. 18. using some of your money now to make more money for the future
  7. 19. investments that typically grow in value over time, like stocks, bonds, and mutual funds
Down
  1. 1. having the freedom of this means having the ability to buy things that make you happy
  2. 2. the space between a person's intention and behavior
  3. 3. an additional fee for borrowing; a rate of growth commonly given as a percentage
  4. 4. divide your expenses into essential and non-essential items; a form of mental accounting
  5. 6. having this means being able to pay for your day-to-day needs
  6. 7. thinking about alternative uses for your money outside of what you're buying
  7. 9. money that you owe, such as to a person, a bank, or a credit card company
  8. 12. a non-essential expense
  9. 13. a type of interest that grows your debt more quickly over time
  10. 14. an essential expense
  11. 16. how people tend to make the easiest choice; people tend to underestimate how much their debts and investments can grow over time
  12. 17. the attitude toward money that the Bible says is the root of all evil (1 Timothy 6:10)