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Money, Banking and Finances

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  • To put money aside for a future goal
    save up
  • The amount of money available in your bank account
    balance
  • Money is hard to earn and should be spent wisely
    money doesn’t grow on trees
  • A type of account you put your money into and it generates interest
    savings account
  • Money added to a bank account
    deposit
  • Asking someone what they are thinking
    a penny for your thoughts
  • To overcharge someone unfairly
    rip off
  • A plastic card that allows you to spend money directly from your bank account
    debit card
  • When a person spends more money than is available in their account
    overdraft
  • Someone who spends foolishly will lose their money quickly
    a fool and his money are soon parted
  • To settle a debt or overdue bill
    pay up
  • Very expensive
    cost an arm and a leg
  • When someone uses your personal financial information without permission
    financial fraud
  • To withdraw money or obtain a loan
    take out
  • To exchange something for money
    cash in
  • The cost of borrowing money
    debt
  • To refuse a financial offer or loan
    turn down
  • A payment made automatically into a bank account
    direct deposit
  • To accumulate debt
    run up
  • To survive financially with little money
    get by
  • A record of all transactions made on your account
    bank statement
  • To use savings or emergency funds
    dip into
  • To pay an excessive amount for something
    pay through the nose
  • A plastic card that allows you to borrow money from the bank to make purchases
    credit card
  • To cover basic expenses with available money
    make ends meet
  • To be very wealthy
    rolling in money
  • To repay a debt completely
    pay off
  • The percentage charged by a bank for a loan or paid to you on savings
    interest rate
  • Money saved for future use
    investment
  • To manage daily expenses using a limited amount of money
    live on
  • A number that represents how responsible someone is with credit and loans
    credit score
  • Having financial debt
    in the red
  • To spend less due to financial difficulties
    tighten one’s belt
  • To spend more money than one can afford
    live beyond one’s means
  • A system that allows banking through a computer or smartphone
    online banking
  • The increase in prices over time that reduces the value of money
    inflation
  • To split the bill evenly between people
    go Dutch
  • Moving money electronically from one account to another
    wire transfer
  • A type of account used for daily transactions like paying bills and withdrawals
    chequing account
  • Money taken out of a bank account
    withdrawal
  • To waste money
    throw money down the drain
  • Money borrowed from a bank that must be repaid with interest
    loan
  • Money saved for the future
    nest egg
  • Having financial profit or stability
    in the black
  • To reluctantly give money
    fork over
  • Something that is too expensive
    break the bank
  • To reduce spending
    cut back on
  • To set aside money for a specific purpose
    set aside
  • A loan used to buy a home or property
    mortgage