Financial literacy

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