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Personal Finance Ins Word Scramble

 
 


 

 
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Question Answer
assetsWhat you own
retirement planningDetermining how much money you should set aside each year for retirement and how you should invest those funds.
personal financial planA plan that specifies your financial goals and describes the spending, financing, and investing plans that are intended to achieve those goals.
insurance planningDetermining the types and amount of insurance needed to protect your assets.
net worthThe value of what you own minus the value of what you owe.
opportunity costWhat you give up as a result of a decision.
budget planning______ ______ is the process of forecasting future expenses and savings.
liquidityYour ability to access funds to cover any short
estate planningDetermining how your wealth will be distributed before or upon your death.
riskUncertainty surrounding the potential return on an investment.