FINLIT

2. creating a plan to save your money.
5. vs. want- A need is something you need for survival and a want is something you desire not something you need.
7. the money you earn on savings
9. shopping-comparing prices and features to different sellers to make a good decision when buying something .
11. process for individuals or businesses unable to repay debts offering a new start.
15. the money you earn from a job technically the money coming in.
17. card- A card that allows you to make purchases with the money you have in your bank account.
18. fund- money set aside for emergencies.
22. If you can be trusted to pay back borrowed money.
23. not putting all your money in one place more like having a mix of investments to lower the risk.
24. not being able to fulfill payment of a debt.

1. total cost of borrowing including interest and fees
3. value of money- money today is worth more than the amount in the future because it can grow through investments.
4. Money that is owed to someone else.
6. Broker- A professional who helps you buy and sell stocks in the stock market.
7. A way to protect yourself financially in case of unexpected events.
8. the original amount of money you invest or borrow before any interest/fees.
10. yourself first- Save the money before spending it on other things.
12. score- A credit score is a number that shows if you can repay loans/credit cards.
13. Borrowed money from a bank or lender and agreeing to pay it back
14. something that has a value and can be owned or controlled.
16. borrowing money with the promise to repay.
19. report- detailed record of your credit history
20. of Deposit (CD)- Savings account with a fixed term and higher interest rate.
21. Union- financial institution owned by members that offer the same as banks