Phrasal verbs for talking about money.
One essential aspect of English that often poses challenges for students is phrasal verbs. In this blog post, we will focus on phrasal verbs related to money. By understanding and incorporating these expressions into your language repertoire, you'll be well-equipped to discuss financial matters confidently. Let's delve into the world of phrasal verbs and their meanings with relevant examples.
To pay off
To settle a debt or loan.
He worked hard to pay off his student loans.
To save up
To accumulate money over time for a specific purpose.
We need to save up for our holiday next year.
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To shell out
To spend a large amount of money on something.
I had to shell out a lot of money to repair my car.
To fork out
To reluctantly spend or give money.
I fork out a fortune on bills every month.
To splash out
To spend a large amount of money on something enjoyable or luxurious.
They splashed out on a fancy holiday to the Maldives.
To break even
To reach a point where income equals expenses, resulting in neither profit nor loss.
The business needs to sell more products to break even.
To run out of
To use up or deplete all of something, especially money.
I've run out of cash, so I need to visit the ATM.
To settle up
To pay or resolve a debt or bill.
We need to settle up the restaurant bill before leaving.
To bail out
To provide financial assistance or rescue someone from a difficult financial situation.
The government bailed out the struggling company.
To give away
To donate or give money or items without expecting anything in return.
She gave away a large portion of her inheritance to charity.
To put aside
To save or reserve money for a specific purpose.
They put aside some money every month for their children's education.
To throw money at
To spend large amounts of money on a problem without necessarily solving it.
The government threw money at the issue, but it still persisted.
To cut back
To reduce expenses or spending.
We need to cut back on eating out to save money.
To bring in
To earn or generate income.
The new business venture brought in a lot of money.
To break even
To reach a point where income equals expenses.
The company needs to increase sales to break even this quarter.
To live beyond one's means
To spend more money than one can afford.
Many people are in debt because they live beyond their means.
To make ends meet
To have enough money to cover basic expenses.
It's challenging to make ends meet with the current high cost of living.