Vocabulary Teens and Money

To spend less money and put some aside.

• save

• afford

• lend

• borrow

To return money that someone has given you as a loan.

• pocket money

• afford

• pay back

• lend

An amount of money provided for personal expenses

• pocket money

• an allowance

• spending money

• a budget

To take money out of a savings account

• overspend

• go halves

• payee

• withdraw

A plan for spending and saving

• credit card

• a budget

• reward

• wages

A payment you receive for hourly, daily or weekly work.

• stipend

• wages

• income

• expenses

A card that authorises your spending on credit

• a debit card

• a member's card

• a birthday card

• a credit card

When you spend more money than you have.

• underspend

• save up

• overspend

• reward

To be able to bear the cost of.

• borrow

• lend

• afford

• budget

To share the cost of something equally.

• afford

• save up

• pay for

• go halves