Personal Finance MT Review 2 Crossword

Most Americans do not avoid the use of credit when it comes to buying big-ticket items like a ____________ or furniture for their home.
When developing a personal financial plan, one of the first things you should do is assess your current financial _________________. This includes your income, assets and liabilities.
The credit system today is structured to accommodate a state of uncertain employment and income instability, utilizing high interest rates and fees to turn huge ____________.
The number one cause of ___________ in North America today is stress and disagreements over money.
The _______________ system works great for managing spending on things that don't normally have a fixed montly expense.
if you write a _____________ budget every month, it is still necessary to reconcile your account.
Writing and following a zero-based budget will help you avoid overspending and ______________ purchases.
A debit card _______ be used for online purchases.
Learning the _______________________ of money is important because you will not have to depend on financial planners to manage your money.
_______________ bill pay allows you to make payments to whomever you wish without having to write a check and send it in the mail.
Setting up automatic ______________ transfers is the easiest way to build your savings for your emergency fund or large purchases.
An obligation of repayment owed by one party to a second party.
A fee paid by a borrower to the lender for the use of borrowed money.
The granting of a loan and the creation of debt; any form of deferred payment.
A debt evidenced by a "note," which specifies the principal amount, interest rate and date of repayment.
A period of temporary economic decline during which trade and industrial activity are reduced; generally identified by a fall in gross domestic product.