Financial Literacy

4. a credit score is a number that shows how likely you are to repay debt.
6. a credit report is a detailed record of an individual's credit history and financial activity
8. The original amount of money borrowed or invested, before interest.
10. Something you owe or are responsible for, like a debt or legal obligation.
12. A contract to rent something (like a car or apartment) for a set time.
13. A period when the economy shrinks and people often lose jobs.
16. failure to fulfill a required obligation.
18. A loan to buy a house, paid back over time.
19. When prices of goods and services rise over time.
21. A share of ownership in a company.
22. something, typically money, that is owed or due.
23. The chance of losing something or not getting what you expect.
24. Stealing someone’s personal info to pretend to be them.
26. a person who purchases goods and services for personal use.
28. The extra money you earn or pay when you borrow or save money.
29. Savings for unexpected expenses.
30. a legal process for individuals or businesses that are unable to repay their outstanding debts.

1. Putting money into something to try to earn more money later.
2. A fixed amount of money paid regularly for work, usually yearly.
3. the practice of spreading investments across different assets to reduce risk.
5. What you own (assets) minus what you owe (liabilities).
7. A service that helps protect you from big costs by paying for losses or damages.
9. How easily you can turn an asset into cash without losing value.
11. an estimate of income and expenditure for a set period of time.
13. the percentage of profit or loss on an investment over time.
14. What you give up when you choose one thing over another.
15. Dishonest act to gain something unfairly.
17. Money you keep and don’t spend, usually for future use.
20. a useful or valuable thing, person, or quality.
25. Money you earn from work or investments.
27. Money paid to the government based on your earnings.