Click_n_Learn: Plan It

"Stick" Words:

HOME OWNERSHIP

DEBT-TO-INCOME RATIO

WEALTH-BUILDING

NET WORTH

First, it’s important to understand some key terms.

? is the difference between your assets and liabilities at a given point in time.

? means increasing the net value of your total assets over time.

? is one of the best ways to build equity.

? is used by lenders to determine whether you’ll be able to pay your monthly mortgage payments comfortably.

Remember: As you grow older, the issue of wealth-building becomes even more important to your overall financial health.

Click here to start your own net worth statement.

Click here to fill out your debt work sheet.


INTRODUCTION TERMINOLOGY 1 - SMART GOALS 2 - SPENDING PLAN 3 - SAVING 4 - INVESTING 5 - DEBT REDUCTION 6 - HOME OWNERSHIP PITFALLS AM I READY?
	"Stick" Words: HOME OWNERSHIP DEBT-TO-INCOME RATIO WEALTH-BUILDING NET WORTH TERMINOLOGY First, it’s important to understand some key terms. Click and drag correct words from the box above to the sentences below: ? is the difference between your assets and liabilities at a given point in time. ? means increasing the net value of your total assets over time. ? is one of the best ways to build equity. ? is used by lenders to determine whether you’ll be able to pay your monthly mortgage payments comfortably. Remember: As you grow older, the issue of wealth-building becomes even more important to your overall financial health. Click here to start your own net worth statement. Click here to fill out your debt work sheet.