Money Management

noun a person who is improvident

adjective not having or showing foresight; spendthrift or thoughtless

• The improvident spending habits of the government have led to a growing national debt.
• She always seems to be improvident with her money, constantly buying things she doesn't need.
• Don't be so improvident with your cash, you'll regret it later.
• His improvident decisions in life have left him with little to show for all his efforts.

noun a word (other than a pronoun) used to identify any of a class of people, places, or things

adjective a word naming an attribute of a noun, such as sweet, red, or technical

preposition a word governing, and usually preceding, a noun or pronoun and expressing a relation to another word or element in the clause

article a particular item or object, typically one of a specified type

• The company's financial statements show that they are consistently in the red.
• My bank account is always in the red by the end of the month.
• I can't go out tonight, I'm in the red until payday.
• Her emotions were in the red after the argument with her friend.

verb past participle of the verb 'overdraw', which means to draw more money from a bank account than is available

adjective excessively drawn or stretched beyond the normal limits

• The customer's account was overdrawn due to an unauthorized transaction.
• I accidentally overdrawn my account by spending too much last month.
• I totally overdrawn my account and now I'm broke.
• Her emotions were overdrawn after the breakup, causing her to retreat from social activities.

adjective having financial difficulties; restricted or limited in terms of resources

• Due to the economic downturn, many families found themselves in straitened circumstances.
• After losing his job, he was in a bit of a straitened situation.
• I'm feeling pretty straitened right now with all these bills piling up.
• Her options were straitened, and she had to make some tough decisions.

noun a book in which financial transactions are recorded

• The accountant meticulously recorded all transactions in the account book.
• I need to update my account book with all the recent expenses.
• I can't find my account book anywhere, it's driving me crazy!
• Her memory was like an accurate account book, never forgetting a detail.