Video Description

Today, we're doing an advanced English lesson, where you will learn useful money-related vocabulary. Download my English workbook: https://marinamogilko.co/workbook Time codes: 0:00 Money-related English vocabulary 1:31 Broke Describes a person who doesn't have money or has ran out of money. 2:05 Cash Banknotes and coins. Money that you have on your checking account. 2:33 Currency Money used in a particular country. 2:52 Exchange rate The rate at which one currency will be exchanged for another. 3:14 Expenses Money you spend on something 3:22 Interest Percentage that bank gives back to you, because you put your savings into their savings accounts. 4:30 Loan Money that you borrow from a bank, from an institution. 4:54 Taxes Money you pay to your government if you make money. 5:56 Withdraw To take money from your account. 6:14 Recession A period of decreased economic activity. 6:41 Invest To put your money into stocks, bonds, etc. 7:26 Financing Taking a loan to buy something. 7:59 Mortgage A type of loan you can use to buy a house. 8:23 Debit vs credit Debit card You put some money on it and can spend only this amount of money. Credit card You don't have money on your card. So, everything you spend you owe to your bank. 10:07 Owe To need to give money back to someone IOU = I owe you 💰 INVESTMENT APPS - Get two FREE stocks on Webull - https://act.webull.com/i/ov8wp37ijU84/fwn/ - Claim your FREE stock on Robinhood - https://join.robinhood.com/marinam241 🎬 My YouTube Channel where I talk about investment and business - https://www.youtube.com/c/SiliconValleyGirl ⭐ INSTAGRAM - linguamarina ⭐ LEARN LANGUAGES ABROAD - https://linguatrip.com ⭐ ENROLL IN MY YOUTUBE COURSE - https://bit.ly/35CJajs ⭐ DOWNLOAD MY ENGLISH WORKBOOK - https://bit.ly/3tqj5A1 📝 Get your English text corrected instantly - https://fluent.express/ 📷 FILMING EQUIPMENT - Gear for making my 'talking head' videos - https://kit.co/linguamarina/gear-for-youtube - Gear for vlogging - https://kit.co/linguamarina/current-vlogging-setup 🎈PROMOS $20 TO SPEND ON UBER - http://ubr.to/2k1B89L I use affiliate links whenever possible (if you purchase items listed above using my affiliate links, I will get a bonus) #moneytalk #englishvocabulary #advancedenglish