Financial Literacy

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Across
  1. 3. a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning.
  2. 6. Theft Identity theft happens when someone steals your personal information to commit fraud.
  3. 9. A financial risk management tool in which the insured transfers a risk of potential financial loss to the insurance company that mitigates it in exchange for monetary compensation known as the premium.
Down
  1. 1. withdrawal from one's position or occupation or from active working life
  2. 2. a rise in prices, which can be translated as the decline of purchasing power over time.
  3. 4. Growth the average rate of growth experienced by an investment over a multi-year period
  4. 5. the process of buying assets that increase in value over time and provide returns in the form of income payments or capital gains
  5. 7. something, typically money, that is owed or due
  6. 8. an amount of money that a government requires people to pay according to their income, the value of their property, etc.
  7. 10. the money one has saved, especially through a bank or investment plan.