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Personal Finance Word Scramble

 
 


 

 
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Question Answer
Personal cash flow statementfinancial statement that measures a person's cash inflows and cash outflows
net cash flowscash inflows minus cash ouflows
budgetA cash flow statement that is based on forecasted cash flows for a future period
personal balance sheeta summary of your assets (what you own), your liabilities (what you owe), and your net worth (assets minus liabilities)
liquid assetsfinancial assets that can be easily sold without a loss in value
household assetsitems normally owned by a household, such as a home, car and furniture
bondscertificates issued by borrowers to raise funds
stockscertificates representing particial ownership of a firm
mutual fundsinvestment companies that sell shares to individuals and invest the proceeds in investment instruments such as bonds or stocks
real estaterental property and land
rental propertyhousing or commercial property that is rented out to others
current liabilitiesdebt that will be paid within a year
long-term liabilitiesdebt that will be paid over a period longer than one year