Across
- 4. A person who purchases goods and services for personal use.
- 6. Income remaining after deductions such as taxes.
- 7. Money received, especially on a regular basis, for work or through investments.
- 8. This encompasses all financial decisions and activities of an individual or household, including budgeting, saving, investing, and managing debt.
- 9. Anything you owe to someone else.
- 14. Total income before any deductions.
- 15. The cost of borrowing money or the return on invested money.
- 16. Anything you own that has monetary value.
- 17. Expenses that change from month to month.
- 21. Money owed to another person or entity.
- 22. The difference between your assets and liabilities.
- 24. Income that is not received on a consistent, predictable schedule.
- 25. A plan for how you will spend your money.
- 26. Expenses that occur occasionally, rather than regularly.
- 27. An agreement to obtain goods, services, or money in exchange for a promise to pay later.
Down
- 1. When your liabilities exceed your assets.
- 2. The ability to understand and effectively use various financial skills, including budgeting, investing, and debt management.
- 3. When your assets exceed your liabilities.
- 5. Non-essential expenses that you can choose to spend money on.
- 8. Living where your income is immediately spent on expenses, with little to no savings.
- 10. The percentage charged for borrowing money or earned on invested money.
- 11. A budgeting method where every dollar of income is assigned to an expense, saving, or debt payment.
- 12. A fee paid to someone for making a sale.
- 13. An individual or entity that lends money at excessively high interest rates, often illegally.
- 18. Money spent on goods and services.
- 19. A strategy for managing your money to achieve your financial goals.
- 20. A financial statement that summarizes the movement of cash and cash equivalents into and out of a business or personal finance situation.
- 23. Expenses that remain the same from month to month.