Share Finance. IELTS
Save to Folder
A plan for how you will spend and save your money
Budget
The money you earn from your job or investments
Income
The money you spend on various things like bills, groceries, and entertainment
Expenses
Putting money into assets (like stocks or real estate) with the expectation of earning a profit.
Investment
Money that you owe to someone else, often with interest.
Debt
The cost of borrowing money or the profit earned on investments
Interest
Money borrowed from a bank or lender that must be paid back with interest
Loan
The ability to borrow money or buy goods and services on credit, with the promise to pay later.
Credit
A financial account held at a bank, used for deposits, withdrawals, and managing finances.
Bank Account
Ownership shares in a company, representing a claim on a portion of the company's assets and earnings.
Stocks
The gradual increase in the prices of goods and services over time, leading to a decrease in the purchasing power of money
Inflation
A compulsory financial charge imposed by the government on individuals or businesses to fund public services.
Tax
The period in life when you stop working and rely on savings, pensions, or investments for income.
Retirement
