Budgeting | Quizlet

track / keep track of

(to follow and record something) 1. I use an app to ______ my expenses. 2. It's hard to ______ all the little things I spend on.

allowance

(money given regularly, often by parents) 1. My parents give me a weekly ______. 2. He saved part of his ______ to buy a game.

to budget

(to plan how to spend money) 1. We need ______ carefully for the wedding. 2. She learned how ______ when she moved out.

stick to a budget

(not spend more than planned) 1. It's hard to ______ during holidays. 2. He managed to ______ all year.

save up for / set money aside

(to collect money for something) 1. She's trying to ______ a new laptop. 2. I always ______ travel.

for a rainy day

(for future problems) 1. Keep some money ______. 2. He put aside $500 ______.

take out a loan

(borrow money from a bank) 1. They had to ______ to buy a car. 2. He wants to ______ for college.

pay in installments

(pay small amounts over time) 1. We bought the phone and will ______. 2. She chose to ______ instead of paying all at once.

exceed / go over the budget

(spend more than you budget) 1. We can't ______ this month. 2. They already ______ on the project.

hit the brakes on

(slow down or stop something) 1. The company had to ______ spending. 2. She decided to ______ her shopping habits.

have this itch to

(a strong urge/desire) 1. I ______ buy something new. 2. He ______ travel abroad.

be broke

(have no money) 1. After paying rent, I'm totally ______. 2. He admitted he was ______ before success.

squirrel away

(to hide some money for savings) 1. She managed to ______ $200 for a trip. 2. He likes to ______ coins in a jar.

a down payment

(first part of payment for a house) 1. They made ______ on the house. 2. She saved for years to afford ______.

an emergency fund

(money for unexpected problems) 1. Everyone should have ______. 2. She used ______ after losing her job.

a nest egg

(money saved for the future, big goals) 1. They built ______ for retirement. 2. He had ______ thanks to years of saving.

tighten the belt

(spend less money) 1. After losing his job, he had to ______. 2. Families often ______ during tough times.

splurge on

(spend a lot for fun and something you like) 1. She decided to ______ a new dress. 2. They ______ a luxury vacation.

live paycheck to paycheck

(have no savings, spend all income) 1. Many people ______ because of low wages. 2. He doesn't want to ______ anymore.

a side hustle

(extra job for more money) 1. She started ______ to earn more. 2. His ______ brings in extra income.

a reckless spender

(someone who spends carelessly) 1. He's such ______, always buying useless things. 2. Don't be ______ if you want to save.

set up an automatic transfer

(arrange bank money movement) 1. She ______ to her savings account. 2. It's easy to ______ every month.

a mortgage

(a bank loan for buying a house) 1. They're paying off ______ on their flat. 2. He applied for ______ at the bank.

miscellaneous

(various, not in a main category) 1. The bill included some ______ costs. 2. She set aside money for ______ expenses.