Unit 1 Crossword

2. something you strive to achieve over a certain amount of time
5. ______ planning is preparing for life after working, not just financially, but where to live and what to do with your time
9. things that you wish to have but are not necessary for survival
10. term a ______ goal is one that you expect to achieve over a longer period of time, such as a year and beyond
12. the ______-making process is choosing between two or more options
13. ______ planning is putting money in the right places to meet your financial goals
15. ______ planning is taking action to minimize your tax liability
16. ______ management means having a plan to avoid or minimize the impact of loss of the things you own
17. flow money coming in and money going out
19. things that are necessary for maintaining physical life
20. cost the benefits you could have received by choosing the alternative

1. principles or standards for what is important to you
3. a ______ planner is a professional who can help you plan and manage your financial future
4. using up goods and services
6. an economic system that encompasses the production, distribution, and consumption of goods and services
7. an acronym used to describe the goal-setting process where goals are smart, measurable, achievable, results-focused and time-based
8. the science of how people choose to use resources
11. ______ planning is planning for what to do with one's assets in the event of their death
14. ______ planning is planning for the cost of education
18. term a ______ goal is one that you expect to achieve in the near future, such as in a day, within a week or a few months