Financial Planning Vocab

2. When the stock market is thriving
6. Things you must have to survive
7. An estimate of income and expenditure for a set period of time
9. A person who purchases goods and services for personal use
12. A type of goal-setting method
13. The possibility that something bad may happen
16. Interest on savings calculated on both the initial principal and the accumulated interest from previous periods.
17. A time in life when someone chooses to permanently leave the workforce
18. Issued by the U.S. Government for a set amount of money
20. The value of a current asset at a future date based on an assumed rate of growth over time.
21. I can buy and sell my stocks in the stock _______
22. The buying and selling of stocks

1. Method of calculating interest charges based on the principal amount
3. Real Estate, gold, and other physical and tangible assets.
4. Money paid regularly at a particular rate for the use of money lent
5. Represents a share in the ownership of a company
8. Commitment of money to receive more money later
10. The process or system by which goods and services are produced, sold, and bought in a country or region.
11. Things that make your life easier
14. An amount of money a company pays its stock holders when they make a profit
15. A fund that may own multiple assets
19. When the stock market is declining