Collocation about Money
- You need to earn money or make money – both of these verbs refer to receiving money from your work.
- Another way to obtain money is to inherit money – receive money from a family member or friend after that person dies.
- If the person was very rich, you could inherit a fortune (a fortune is a lot of money).
- You can take your money to the bank and make a deposit – put money into your bank account.
- Of course, everyone likes to spend money – use money to buy things – but it’s important not to waste/squander your money- these verbs refer to using money in a way that’s not productive.
- If money is tight (meaning you have very little money), you should make a budget – a plan for how much to spend on things every month – and then you need to stick to the budget (continue following the plan).
- A person who is financially savvy (intelligent, perceptive, and well-informed on the subject of money) will always save money.
- It’s a good idea to have an emergency fund of at least 3-6 months of living expenses (the amount money you use to survive in everyday life).
- You can also invest money in the stock market – you could make a nice profit, but there’s also the risk of losing money if the economy goes downhill (starts to get worse).
- Make sure to change money only at official locations like banks and travel agencies – otherwise, you could be tricked into receiving counterfeit bills (false paper money that is not legally valid).
- Non-profit organizations are always trying to raise money (get donations) for their various projects.