Word Meaning, Synonyms & Antonyms
| Word | Basic Meaning | Synonyms | Antonyms |
|---|---|---|---|
Each word is associated with the part of speech: Verb Adjective Adverb Noun | |||
| debt | Money that you owe to another person or company. | money owed; unpaid balance | savings; credit balance |
| finances | The money a person earns, spends, and manages. | money matters; financial situation | — |
| relying on | Depending on something for help or support. | depending on; counting on; trusting | managing without; being independent of |
| expenses | Money you spend on things you need or buy. | costs; spending; bills | income; earnings |
| interest charges | Extra money you pay when you borrow money. | interest fees; borrowing costs | — |
| minimum payments | The smallest amount you must pay on a debt each month. | required payments; lowest payments | full payments |
| credit counselling | Professional advice to help people manage money and debt. | debt advice; financial guidance | — |
| non-profit | Operating to help people rather than make money for owners. | not-for-profit; community-based | for-profit; commercial |
| financial advice | Suggestions about how to manage money wisely. | money guidance; financial recommendations | — |
| repayment plan | A schedule for paying back money you owe. | payment schedule; debt payment plan | — |
| budget | A plan for how much money you earn and spend. | spending plan; money plan | — |
| reduced | Made something smaller or less. | lowered; decreased; cut | increased; raised |
| non-essential | Not necessary for everyday living. | unnecessary; optional; extra | essential; necessary |
| income | Money you receive from work or other sources. | earnings; wages; money earned | expenses; spending |
| discipline | The ability to follow a plan even when it is difficult. | self-control; determination; commitment | lack of control; carelessness |
| paid off | Finished paying all the money owed. | repaid; settled; cleared | borrowed; still owed |
| budgeting tips | Helpful suggestions for planning how to spend money. | money-saving advice; spending suggestions | — |
| keep track of | Watch and record something regularly. | monitor; record; follow | ignore; lose track of |
| financial problems | Difficulties with earning, spending, or paying money. | money troubles; financial difficulties | financial stability; financial security |
| financial habits | The ways a person usually earns, saves, or spends money. | money habits; spending patterns | — |
Vocabulary Practice
1. Maria created a monthly to control how much money she spends on food and transportation.
2. After working overtime for six months, Daniel finally his credit card debt.
3. The family had to cut their monthly because their rent had increased.
4. The community organization offers free to people who are struggling with debt.
5. The bank helped Sarah create a so she could pay back her loan over three years.
6. His monthly increased after he found a better-paying job.
7. The financial advisor told us to every purchase we make during the month.
8. The company is a organization that helps low-income families find affordable housing.
9. With patience and , she stopped making unnecessary purchases and started saving money.
10. He received a large bill because the on his unpaid credit card balance kept increasing.
11. Before buying a new television, we decided to our spending on restaurant meals.
12. The counsellor explained that buying expensive clothes every week was a expense.
13. The bank requires customers to make their by the due date to avoid late fees.
14. The workshop teaches people how to develop better by saving regularly and avoiding unnecessary debt.
15. When he lost his job, he started his savings to pay for groceries and rent.
You have completed all 15 questions.