Basic Money Words
Money – The coins and notes you use to buy things.
Save – Keeping your money to use later.
Spend – Using your money to buy something now.
Splurge – Spending on something fun or special you don’t really need.
Gift – Giving money or something you bought to someone else.
Budget – A plan for how you will use your money.
Wallet – A small case for holding your money.
Currency – The type of money a country uses (like dollars or euros).
Goal – Something you’re saving or working towards.
Earning & Spending
Income – The money you get from working, selling things, or gifts.
Earnings – Money you make from work or selling something.
Allowance – Money you get regularly from parents or guardians.
Expense – The money you spend.
Profit – Money you make after paying all costs.
Loss – When you spend more than you make.
Cash Flow – How money comes in and goes out.