Financial literacy
Across
- 2. purchase Buying something on the spot without planning or thinking it through.
- 4. 500 Index Fund An investment fund that tracks the performance of the 500 large U.S. companies.
- 5. A plan for how you will spend and save your money
- 6. Money you owe to someone else.
- 8. trap A financial situation that seems harmless at first but ends up costing you more in the long run.
- 9. income The money you have left after paying taxes and essential expenses
- 10. interest Interest earned in both your original money and the interest it has already made.
Down
- 1. now pay later A payment option that lets you split purchases into installments
- 2. Putting money into assets with the goal of growing it over time.
- 3. union a member-owned financial institution.
- 7. fund Savings set aside for unexpected expenses.