VII. Complete the definitions with the words below. Then complete the sentences with the appropriate form of these words.

allowance afford budget debt

expenses income save waste

a. _________ : money spent on something

b. _________ : keep money for later

c. _________ : have enough money for

d. _________ : use unwisely (e.g. money)

e. _________ : money received

f. _________ : plan how to spend your money

g. _________ : money that you owe

h. _________ : money given to a child by parents

1. If you’re living on a low _________ , it’s essential to _________ carefully.

2. My twelve-year-old sister never spends all of her _________ : she _________ at least half of it every month.

3. She got into _________ when she was a student and she still owes thousands of pounds.

4. My grandparents’ house is in a terrible state, but they can’t _________ to renovate it.

5. My uncle used to be well-off, but he _________ a lot of money on a business that failed.

6. The company has moved to smaller offices in an effort to reduce its _________