Personal Finance Ins Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
| Question | Answer |
| assets | What you own |
| retirement planning | Determining how much money you should set aside each year for retirement and how you should invest those funds. |
| personal financial plan | A plan that specifies your financial goals and describes the spending, financing, and investing plans that are intended to achieve those goals. |
| insurance planning | Determining the types and amount of insurance needed to protect your assets. |
| net worth | The value of what you own minus the value of what you owe. |
| opportunity cost | What you give up as a result of a decision. |
| budget planning | ______ ______ is the process of forecasting future expenses and savings. |
| liquidity | Your ability to access funds to cover any short |
| estate planning | Determining how your wealth will be distributed before or upon your death. |
| risk | Uncertainty surrounding the potential return on an investment. |
Created by:
smills01
Popular Finance sets