front 1 financial | back 1 relating to money or how money is managed EXAMPLE: Her car broke down, so she is having some financial difficulties right now. |
front 2 fund | back 2 an amount of money collected, saved, or provided for a purpose EXAMPLE: Every month I save some money and put it in my child's college fund. When he is 18, there will be enough to pay his college tuition! |
front 3 get out of debt | back 3 not owe money anymore EXAMPLE: We had a lot of credit card debt, and this made us feel very uncomfortable. My husband got a second job and, in one year, we were able to get out of debt! |
front 4 put aside | back 4 save EXAMPLE: Every month, we put aside $200. Soon we will have enough money to go on a vacation! |
front 5 retirement | back 5 the time when you leave your job and stop working EXAMPLE: My father went into retirement when he turned 68 years old. |
front 6 set up | back 6 open or start EXAMPLE: We didn't have any money saved in case of emergency. This made us nervous, so we set up an emergency fund. Now we have $2,000 available in case something goes wrong. |
front 7 unexpected expense | back 7 something you suddenly have to pay for EXAMPLE: My car broke down and now I have an unexpected expense. It is going to cost $800 to fix it! |
front 8 upcoming expense | back 8 something you have to pay for soon EXAMPLE: Let's plan for the future. Let's make a list of all of our upcoming expenses. We will need to save money so we can pay for them. |
front 9 accomplish | back 9 to succeed in doing something good EXAMPLE: I worked very hard over the weekend, and I accomplished a lot. I cleaned out the garage and mowed the yard. |
front 10 add up | back 10 grows EXAMPLE: I save $50 every week, and it adds up quickly. After one year, I will have $2,600! |
front 11 aim | back 11 goal EXAMPLE: My brother just got a second job. His aim is to save up enough money for a down payment on a house. |
front 12 budget | back 12 a plan that shows how much money you have and how you will spend and save it EXAMPLE: I am tired of not having enough money at the end of the month. Let's create a budget. Then we will know how much we can spend. |
front 13 crisis | back 13 a time that is extremely dangerous or difficult EXAMPLE: There was a fire in my apartment building. All of the tenants had to leave and now we have no place to stay. We are in a crisis! |
front 14 encourage | back 14 (verb) to make someone more likely to do something. To give support, confidence, and hope. EXAMPLE: Teachers always encourage their students to do their homework. Why? Because it will help the students improve their skills! |
front 15 every little bit counts | back 15 we should respect small amounts EXAMPLE: A: Now that I'm working only part time, we can save only $20 each week. B: Every little bit counts! |
front 16 get by | back 16 (phrasal verb) to have enough money to pay for basic needs EXAMPLE: Now that you work full time and I have a part-time job, we have enough money to get by. |
front 17 get rid of | back 17 (phrasal verb) to throw something away, or give it or sell it to someone because you don't want it now EXAMPLE: Now that we live near a bus stop, let's get rid of our second car. We don't need it anymore and we can save a lot of money! |
front 18 I can't stress enough that . . . | back 18 I really want you to hear what I am saying! EXAMPLE: I can't stress enough that it is important to be careful with credit cards. If you can't pay them off at the end of each month, cut them up and throw them away. |
front 19 in particular | back 19 especially EXAMPLE: Political problems are found all over the world. The United States in particular has very serious problems politically. |
front 20 interest | back 20 the extra money that you must pay to a bank or credit card company which has loaned you money EXAMPLE: I bought a TV for $400 using my credit card. If I don't pay the credit card in full at the end of the month, I will have to pay the $400 plus interest. |
front 21 struggle | back 21 (verb) to try very hard to do something difficult EXAMPLE: They struggled to save money. They could put only $50 aside each week, and it was not easy! |
front 22 There's no question that . . . | back 22 I am sure. EXAMPLE: There is no question that people should have an emergency fund. That way they have less to worry about if they lose their job or have an unexpected expense. |