Testing
Across
- 2. Money that you owe to the government.
- 4. A savings account that you can use to cover unexpected expenses.
- 9. The money you spend on goods and services.
- 11. Things you own that have value, such as your home, car, and investments.
- 14. Putting money away for a rainy day or a specific goal.
- 16. The inflow and outflow of money in your life.
- 18. A budgeting method where you allocate every dollar of your income to a specific category.
- 20. Learning about personal finance so you can make informed decisions.
- 23. The ability to wait for your money to grow.
- 26. Debts you owe, such as credit card debt and student loans.
- 27. The difference between the value of your home and the amount you owe on your mortgage.
- 30. A rise in prices, which means that your money buys less.
- 32. The knowledge and skills necessary to make sound financial decisions.
- 33. A plan for how you will spend your money.
- 34. Money that you owe to someone else.
- 35. The difference between your assets and liabilities.
- 36. A number that lenders use to assess your creditworthiness.
- 37. interest Interest that is earned on interest, which can help your money grow over time.
- 38. The process of saving and investing money for your retirement.
Down
- 1. Expenses that can vary in amount from month to month, such as food or entertainment.
- 3. The time in your life when you stop working and live off of your savings.
- 5. The ability to pay for something without going into debt.
- 6. A bank account where you can save money.
- 7. A collection of investments.
- 8. Putting money away for the future with the goal of making it grow.
- 10. A container for saving money.
- 12. The money you spend on goods and services.
- 13. A financial product that protects you from financial losses.
- 15. The tax rate you pay on your last dollar of income.
- 17. The ability to quickly convert an asset into cash.
- 19. Specific things you want to achieve with your money.
- 21. The ability to stick to your financial plan, even when it's difficult.
- 22. A legal document that specifies your wishes for your assets after you die.
- 24. Combining multiple debts into one loan with a lower interest rate.
- 25. The ability to live your life without worrying about money.
- 28. The amount of money you receive from your employer each pay period.
- 29. The ability to borrow money and repay it later.
- 30. The money you earn from your job or other sources.
- 31. Expenses that are the same amount each month, such as rent or car payments.