Financial Literacy Crossword

3. Spreading investments across different assets to reduce risk.
5. The amount you must pay out of pocket for a claim before your insurance company starts to pay.
10. The original amount of money borrowed or invested, separate from interest.
11. A percentage of monthly income that goes toward paying debts.
12. (Annual Percentage Rate) The yearly cost of borrowing money, expressed as a percentage.
14. A company-sponsored retirement account
16. A plan for income and expenses to manage spending.
18. Interest calculated on the initial principal and accumulated interest from previous periods.
19. When you spend more money than you have in your bank account, often resulting in a fee from the bank
20. Cash set aside for unexpected expenses, such as medical bills or job loss.

1. A market where shares of publicly held companies are issued and traded.
2. A three-digit number indicating creditworthiness, usually ranging from 300 to 850.
4. Expenses that remain the same versus those that change
6. The rate at which the general level of prices for goods and services rises.
7. The total value of assets minus total liabilities.
8. A specific type of loan used to purchase real estate, where the property itself serves as collateral
9. Debts or financial obligations owed to others
13. A tax-advantaged account that individuals use to save and invest for retirement independently of an employer.
15. Resources owned that have value, such as cash, stocks, or real estate.
17. Money received on a regular basis for work or through investments.