Financial Terms

6. An employer-sponsored account where employees can save money from each paycheck to be used in retirement.
7. An investment strategy that divides up the amount of money being invested and purchases small quantities of assets over time.
8. Money expended that can increase your net worth and help you earn more money.
9. A plan for income and expenses during a set period of time.
11. The things you would like to be able to do with your money in less than a year.
12. A loan for a house where the interest rate stays the same throughout the entire term of the loan.
14. Money that is paid quarterly to shareholders of a company from the profits the company earns.
16. Money paid at a regular rate in exchange for money lent.
18. The pay for work completed in a set period of time.
19. Property owned by a person that has value and could be used to pay off debt.
20. A retirement account with tax advantages wheere money can be saved and invested in for the long term.
23. An increase in monetary value.
24. Small amounts of money borrowed from credit card lenders at a very high interest rate.

1. When the value of your investment grows based not only on the original amount of money invested, but also on the profits the investment created.
2. The things you would like to be able to do with your money more than five years in the future.
3. A retirement plan for the benefit of employees of public schools, some hospitals, and certain tax-exempt organizations.
4. A numerical value based on analysis of a credit record, describing a person's likelihood of paying back loans; credit scores range from 300 to 850.
5. The extent to which a person or company is considered suitable to receive a loan, based on their reliability in paying money back in the past.
10. All the money that an individual receives or earns in a set period of time.
13. The things you would like to be able to do with your money in around one to five years.
14. The initial payment at the point of purchase of a large item like a car or house; a ____________ can reduce the amount you must pay monthly.
15. A percentage of both the principal (original loan amount) and previously accused interest that is added to the total amount owed on a loan.
17. Money that is expended with the expectation of earning profit in return.
21. Debt that does not increase your net worth or help you earn more money.
22. Money that is owed in return for a loan or a purchase.