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Money idioms and vocabulary
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I need to pay back my student loans.
Pay back – To return borrowed money.
I splashed out on a new phone.
Splash out – To spend extravagantly.
I took out a loan to buy a car.
Take out – To withdraw or get money from somewhere.
I set aside £50 a month for emergencies.
Set aside – To save money.
I cut back on eating out to save money.
Cut back on – To reduce spending.
I had to fork out £200 for car repairs!
Fork out – To pay (often reluctantly).
I got into debt after using my credit card too much.
Get into debt – To owe money.
I stock up on groceries when there’s a discount.
Stock up on – To buy a large quantity of something.
I live on a tight budget as a student.
Live on – To survive financially.
If you really believe in the project, invest in it. Put your money where your mouth is!
Back up your words with action or financial support.
He spent his entire paycheck on a scam investment—well, a fool and his money are soon parted.
People who spend carelessly lose their money.
Stop wasting electricity! Money doesn’t grow on trees.
A reminder that money is limited.
With rising prices, it’s getting harder for many families to make ends meet.
To have enough money to cover expenses.
I’d love to go on vacation, but I don’t want to break the bank.
Spend too much money.
You’ve been quiet all evening. A penny for your thoughts?
Asking someone what they’re thinking.
After losing his job, Tom had to tighten the belt for a few months.
Spend less due to financial difficulty.
Ever since Jack won the lottery, he’s been acting like he has money to burn, buying luxury cars and expensive jewelry.
To have a lot of money to spend freely.
That designer handbag looks amazing, but it costs an arm and a leg!
To be very expensive.
After months of job hunting, Lisa finally found a great position and can now bring home the bacon.
To earn money to support a family.
The new iPhone sold like hotcakes on launch day, with stores running out of stock in hours.
To sell very quickly and in large numbers.