Financial Literacy Vocab Crossword Puzzle
Across
- 4. A savings account that holds a fixed amount of money for a fixed period of time
- 5. An amount of money that you owe to a person,bank, or company
- 6. When you borrow money from a lender on the understanding that you'll pay it back later.
- 7. Something that protects you financially against a loss
- 8. A payment card that deducts money directly from your checking account
- 14. A legal process which happens when a person or an organization does not have enough money to pay all its debts
- 17. A lender's willingness to trust you to pay your debts based off of your credit report
- 18. Something you must have to survive in contrast to things that a person would like to have but are not needed for survival
- 19. The failure to pay financial payments on time
- 20. A detailed report card on how well you manage your finances.
- 21. A plan for saving and spending money
- 22. Putting some money into your savings account before you spend any of your money
- 24. The money you receive from different sources
Down
- 1. Comparing similar products from different stores or suppliers to find which ones are the best value
- 2. Money that you keep aside for unexpected expenses such as car repairs or if you lose your job
- 3. A number that represents a person's credit behavior, whether a person can be trusted to borrow money or not
- 5. Spreading your money across a variety of investments and asset classes to reduce risk and get a higher chance of your money returning
- 9. An amount of money a lender charges a borrower for a loan
- 10. The total amount of money borrowed or invested
- 11. Money that you borrow from someone with the promise to pay it back
- 12. The Yearly cost of borrowing, represented as a percentage.
- 13. Someone who buys, sells, and trades stocks to other people
- 15. Things you own that you can sell for money
- 16. Non-Profit Organizations that provide services to its members
- 23. Concept that a sum of money is worth more now than the same sum will be in the future