Vocab chapter 1 FP Crossword
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
 
 
Down: 1) Ideas and principles that a person considers correct, desirable, and important.2) What a person gives up by making a choice.5) The idea that the average person goes through four basic stages in personal financial management.6) The amount to which current savings will increase based on a certain interest rate and a certain time period; typically involves compounding.7) The ability to readily convert financial resources into cash without a loss in value.8) The stages in the family situation and financial needs of an adult.10) A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends future financial activities.13) A set of federal laws that allow you to either restructure your debts or remove certain debts. Across: 3) A process that calculates interest based on previously earned interest.4) Interest computed on the principal, excluding previously earned interest.9) Increases in an amount of money as a result of interest earned.11) The process of managing your money to achieve personal economic satisfaction.12) A rise in the general level of prices.14) The current value for a future amount based on a certain interest rate and a certain time period; also referred to as discounting.15) The study of how wealth is created and distributed.
 

 

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