Financial Literacy Vocab Crossword Puzzle

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