Financial Literacy Terms
Across
- 3. expense, costs that remain constant each month
- 5. A type of security that gives you part ownership in a corporation
- 6. worth, The value of your assets minus your liabilities
- 8. Anything you own that has financial value
- 11. the amount of money you pay back to borrow
- 13. score, A three digit number representing your credit worthiness
- 15. the original amount of money borrowed in a loan
- 16. the rise in prices over time which makes your money buy less
Down
- 1. card, Allows you to buy things with borrowed money which you must repay
- 2. things you owe on
- 4. expense, costs that fluctuate from month to month
- 7. money owed to another person or institution
- 9. putting money into financial assets with the expectation that it will grow over time
- 10. card, A card used to make purchases that is connected to your checking account
- 12. fund, Cash set aside in a savings account to cover unexpected expenses
- 14. a written plan that includes income and expenses