Financial

frivolous spending / impulse spending

chi tiêu vào những thứ không cần thiết

exorbitant spending / excessive spending

chi tiêu quá độ

ex: while consumerism temporarily boost economic growth, exorbitant spending on non-essential luxury items can prevent individuals from achieving financial stability

curb impulse buying

kìm hãm việc mua sắm ngẫu hứng

fleeting desires ≠ genuine needs

ham muốn thoáng qua (kiểu ngẫu hứng)

ex: if individuals learn how to curb impulse buying by distinguishing between genuine needs and fleeting desires, they can allocate more financial resources towards income-generating investments.

financial safety net

mạng lưới dự phòng tài chính

ex: having a robust financial safety net is critical for modern households because unpredictable crises, such as job losses or medical treatments, may push individuals into dire situations.

live beyond one’s means

sống vượt quá khả năng tài chính.

allocate financial resources to

phân bổ nguồn lực tài chính cho cái gì đó

ex: while governments must allocate substantial financial resources to healthcare and education, over-spending on these sectors may bring about adverse impacts on the overall economy.

generate a steady stream of income

ex: although investing in stocks requires a high degree of market research, it enables individuals to generate a steady stream of income without relying solely on traditional employment.

fall into the vicious cycle of debt

rơi vào vòng lặp nợ nần

ex: Due to the lack of basic financial knowledge, young individuals frequently succumb to impulse spending and fall into the vicious cycle of debt which is exceptionally difficult to escape.

bridge the wealth gap between socio-economic classes

thu hẹp khoảng cách giàu nghèo giữa các tầng lớp xã hội

ex: if the governments can introduce new tax policies that redistribute financial resources, developing nations may not struggle to bridging the wealth gap between socio-economic classes

make ends meet

kiếm vừa đủ tiền để trang trải cuộc sống

ex: even though workers often have to work for many hours a day in physical demanding jobs, many still find it difficult to make ends meet due to the rising cost of housing and healthcare in metropolitan cities.

financial resources = monetary funds = money

nguồn lực tài chính, quỹ tiền tệ

expenditure = spending = outlay

chi tiêu, mức kinh phí

consumers = customers = buyers = purchasers

người mua, khách hàng

income = revenue = earnings

thu nhập, doanh thu

exorbitant = prohibitive = costly

đắt đỏ.