General: Money talks

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Last updated 7:02 PM on 6/24/26
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15 Terms

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affluence
the state of having a great deal of wealth
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financial literacy
the ability to understand and manage financial matters effectively
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purchasing power
the amount of goods or services that money can buy
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disposable income
money left after paying taxes and essential expenses
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financial strain
pressure caused by money-related difficulties
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economic mobility
the ability to improve one’s financial position over time
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materialism
the belief that possessions are an important source of happiness
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wealth disparity
a significant difference in wealth between individuals or groups
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financial cushion
savings that provide protection during difficult times
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debt burden
the stress or limitations caused by owing money
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fiscal responsibility
careful and sensible management of finances
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consumer behaviour
the way people make purchasing decisions
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financial independence
the ability to support oneself without relying on others
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monetary incentive
a financial reward that motivates behaviour
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socioeconomic status
a person's social and economic position in society