Managing Money
In this episode, we’re talking about money! I share lots of very useful words related to finances, making and saving money, as well as some useful ways of describing people’s attitudes towards money.
How do you feel about your financial situation? I’m sure for most of us, it’s not an easy relationship!
Vocabulary
Some useful terms from the episode
Budget – a plan of the money you will spend in the future
Income – the money you get from your job
Expenses – the money you spend
Savings – money you keep in the bank
Invest – to put money into the stock market and companies
Interest – extra money you get back from having investments or savings
Credit – paying too much money (your account is in credit)
Debt – having negative money, owing someone money (I am in debt)
Mortgage – regular payments to pay the bank for a house
Loan – money you borrow
Make ends meet – to get enough money to live
Live paycheck to paycheck – to live with no extra savings and totally depend on your monthly income
To live within your means – to spend less than you earn
Penny pincher – someone who saves every penny, frugal
Big spender – someone who spends a lot of money
For more detailed word explanations and transcripts, see the member options below.
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