Money has different names for example the money people get after retiring is called as pension, the money given to kidnappers is called ransom, the money we give to government is called tax. In any form money is very essential to survive in today’s world. We work hard to earn it.
The money that is earned through corruption, without hard work is called black money. The affluent people are the luckiest people, they don’t know the worth of money has they have it in bulk amount. As students we are all broke. We have to survive on the pocket money we get on monthly basis from our parents. The kids keep piggy banks in which they save money to buy something expensive for which their parents aren’t willing to pay.
Money is said to be the energy of life as it makes the person happier, he or she can buy anything they wish for. Without money life becomes tedious. But earning money has made people busy, I often hear people saying we don’t have time for the party busy in office, busy in doing part time job etc. The craving for money is never ending, the more we spend, the more we need. No matter how much money we have, it is always less.
Money is needed to pay for our medical bills, for our education fees, for our basic necessities including food, clothes etc. Money can buy respect. All the rich, powerful people are respected in comparison to homeless, poor people. Money increases one’s dignity in the society. But respect can be earned without wealth as well that is with our good deeds.
Money Vocabulary Words in English
Following is a list of words which are related to money or wealth.
| Ransom | Broke |
| Black money | Affluent |
| Piggy banks | Tedious |
| Auction | ATM |
| Balance | Bank |
| Bargain | Bill |
| Bankrupt | Capital |
| Check | Change |
| Cent | Cash |
| Debt | Deposit |
| Earn | Equity |
| Earnings | Finance |
| Fund | Income |
| Interest | Investment |
| Invest | Investor |
| Loan | Loss |
| Lend | Margin |
| Money | Mortgage |
| Note | Pay |
| Payment | Poor |
| Profit | Purse |
| Penny | Rent |
| Rich | Reserve |
| Rate | Recession |
| Sale | Save |
| Spend | Stocks |
| Savings | Sell |
| Tax | Treasury |
| Trade | Value |
| Wallet | Wealth |
| Withdraw | Yield |
Banks have been constructed to keep our money safe from theft. Money cannot buy everything. It can buy servants but not their loyalty. It can be used to pay for medicines but cannot buy health; even after spending millions of dollars diseases like cancer cannot be treated.
Money can’t buy love also. People will only stay closer to the rich people until they are spending on them. Importance of money is increasing day by day as things are getting expensive. In this competitive world, everyone wants to be ahead in the race, everyone wants to buy latest technology and remain up to date with it. People are using wrong ways to earn money like kidnapping, money laundering because they think these are the easiest way to make money quickly.
Keep Learning with EnglishBix!
Quick Links