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Spending or Saving Money Vocabulary Set in Work & Money: Full and Detailed List

The 'Spending or Saving Money' vocabulary set in 'Work & Money' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...

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tighten your belt

/ˈtaɪ.tən jʊər bɛlt/

Example:

Due to the economic downturn, many families have to tighten their belts.

throw good money after bad

/θroʊ ɡʊd ˈmʌn.i ˈæf.tər bæd/

Example:

Investing more in that failing business would be like throwing good money after bad.

black hole

/ˈblæk hoʊl/

Example:

Scientists are studying the supermassive black hole at the center of our galaxy.

more money than sense

/mɔr ˈmʌn.i ðæn sɛns/

Example:

He bought a ridiculously expensive car that he doesn't need; he clearly has more money than sense.

live beyond your means

/lɪv bɪˈjɑːnd jʊər miːnz/

Example:

Many people live beyond their means by constantly buying new gadgets and clothes.

live within your means

/lɪv wɪðˈɪn jʊər miːnz/

Example:

It's important to live within your means to avoid debt.

burn a hole in someone's pocket

/bɜrn ə hoʊl ɪn ˈsʌm.wʌnz ˈpɑː.kɪt/

Example:

That bonus is burning a hole in my pocket; I need to buy something nice.

spend money like water

/spɛnd ˈmʌni laɪk ˈwɔtər/

Example:

After winning the lottery, he started to spend money like water.

nest egg

/ˈnest ˌeɡ/

Example:

They're hoping to build up a substantial nest egg for their retirement.

high roller

/ˈhaɪ ˈroʊlər/

Example:

The casino caters to high rollers with exclusive VIP rooms.

cut your coat according to your cloth

/kʌt jʊər koʊt əˈkɔrdɪŋ tu jʊər klɔθ/

Example:

We can't afford a luxury vacation; we need to cut our coat according to our cloth.

have money to burn

/hæv ˈmʌn.i tu bɜrn/

Example:

He must have money to burn, considering he just bought a new sports car and a yacht.

money pit

/ˈmʌn.i pɪt/

Example:

That old car has become a real money pit.

scrimp and save

/skrɪmp ænd seɪv/

Example:

They had to scrimp and save for years to afford their dream home.
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