Vocabulary
What is a loan?
This is when you borrow money from a bank or other lender to make a big purchase.
I _________ (buy) a new car last week.
bought
What is the term for saving money each month without thinking about it?
set up an automatic transfer
Which verb goes with "a down payment"?
make
How would you read “6.3%” aloud?
six point three percent
What is a discount?
This is when the price of an item is reduced, often during a sale.
I _________ (make) sure to set up an automatic transfer to my savings account.
have made
If you try not to spend money on things you don’t need, you’re trying to ___.
cut down on unnecessary expenses
I need to ___ some extra work to earn more money.
do
How would you read “3⅓” aloud?
three and one-third
What is a sale?
This is when a store offers items at a reduced price for a limited time.
I _________ (do) a lot of research before making a big purchase.
have done
When you spend too much money, what verb describes this action?
overspend
I always ___ my best to save money.
do
How would you say “$20/week” in words?
twenty dollars per week
What is a bargain?
This is when you find an item at a much lower price than usual.
I _________ (save) up a lot of money for a down payment on a house.
have saved
What phrase means to save up money for unexpected problems in the future?
build a nest egg
She ___ an effort to stop buying coffee every day.
made
How would you read “82.5%” aloud?
eighty-two point five percent
What is to squirrel away?
This is when you save money regularly, often without even noticing it.
I _________ (spend) too much on unnecessary expenses this month.
have spent
When you reduce your spending because you have less money, what phrase describes this?
tighten the belt
Which verb matches with "a budget"?
make
How would you say “€11.50” aloud?
eleven euros and fifty cents