Money Money Money

2. leaving your next of kin some form of wealth is _____ planning
5. savings used for unexpected events
7. savings fund that will be spent within next few years
10. the price of insurance and investment
11. debts that you owe money
14. term plans have high coverage and are _______
16. a loan is borrowing money from your _____
17. allocating money to a fund with expectation to profit
18. loans to borrow money to buy a house
19. an estimate of future amount based on todays value
20. to give money to a good cause
21. allocating a certain amount of money each month for specific needs
24. Houses and vehicles for _______ and form part of the Standard of Living. They are normally not used in the event of death or retirement etc. but for consumption
25. assets - liabilities =

1. debts with the highest interest rate
3. _______ ratio shows how much of your monthly take-home income is used to service your liabilities
4. What does SPK stand for
6. the day you stop working
8. income-expenses=
9. Money is meant to be ______
12. a financial instrument that replaces your income due to unfortunate events
13. the best investment is
15. a fixed sum of money paid to someone each year, typically for the rest of their life
22. financial independence retire early
23. resources that you own