Across
- 4. financial independence retire early
- 7. the best investment is
- 9. income-expenses=
- 10. debts that you owe money
- 12. 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
- 14. Money is meant to be ______
- 15. an estimate of future amount based on todays value
- 16. a financial instrument that replaces your income due to unfortunate events
- 17. leaving your next of kin some form of wealth is _____ planning
- 18. a loan is borrowing money from your _____
- 19. debts with the highest interest rate
- 23. assets - liabilities =
- 24. allocating a certain amount of money each month for specific needs
- 25. understanding people's financial status
Down
- 1. _______ ratio shows how much of your monthly take-home income is used to service your liabilities
- 2. term plans have high coverage and are _______
- 3. the price of insurance and investment
- 5. loans to borrow money to buy a house
- 6. resources that you own
- 8. the day you stop working
- 11. allocating money to a fund with expectation to profit
- 13. savings fund that will be spent within next few years
- 20. savings used for unexpected events
- 21. a fixed sum of money paid to someone each year, typically for the rest of their life
- 22. to give money to a good cause