Complete the definitions with the words below

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 _________