Financial Management Crossword Chapter 8.1

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Across
  1. 4. A spending and saving plan based on your expected income and expenses.
  2. 7. Worth The difference between assets and liabilities.
  3. 8. Income The first step in budgeting process
  4. 9. Money or debts that you owe to others.
  5. 10. Planning, budgeting, and keeping good ___________ provide the road map that leads to financial security.
Down
  1. 1. Expenses Costs that do not change from month to month.
  2. 2. Items of value that a person owns.
  3. 3. Plan A set of goals for spending, saving, and investing the money you receive.
  4. 4. All budgets must ________________.
  5. 5. Income The money you have left to spend or save after taxes and other required deductions are taken.
  6. 6. Expenses Costs that vary in amount and type, depending on the choices you make.