Across
- 3. continuously ______ yourself
- 7. can be used to guard against an unforeseen and adverse event
- 11. dependent on one’s earnings, cost of living, and personal goals and wants.
- 13. the starting point of financial planning process
- 15. life insurance, health insurance and estate planning.
- 16. relates to the purchase of assets that are expected to generate a rate of return,
- 17. use surveys, questionnaires, and interviews to gather information
- 18. an individual incurs related to buying goods and services or anything that is consumable
- 19. the more you take it, the better the return would be
Down
- 1. investment management and portfolio management.
- 2. expenses greater than the income
- 4. review and evaluation of the financial plan periodically
- 5. investing across various assets to minimize potential losses
- 6. an important part of personal finance
- 8. never spend more than you _______
- 9. stocks, bonds, mutual funds, real estate and collectibles
- 10. is where most people’s income is allocated
- 12. reduce the amount of cash
- 14. evaluate objectives with regards to resources and economic conditions
- 18. excess cash that is retained for investing or spending.