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Financial Statements and Budgeting

Name __________________________________

Today's Date _____________________________

Across
Quickly converted to cash.
The difference between the amount that you own and the debts that you owe.
Net worth statement
The money left over after paying for the essentials, such as food, clothing, shelter and medication.
Positive net cash flow
An abundance of valuable possessions.
Land, houses or other buildings owned by an individual or family.
Down
Items owned of value
The money you receive.
The price property will sell for.
The debts that a person owes.
CPI
A plan for using money to meet wants and needs.
The difference between the budgeted amount and the actual amount that you spend.
The opposite of a surplus.
Net Pay
The difference between the amount that you own and the debts that you owe.
A financial state that occurs if liabilities are greater than assets.
Money that actually goes into and out of your wallet.