Personal Finance Tips

adjective showing prudence and foresight; thrifty; economical

• She was very forehanded in her financial planning, always saving for unexpected expenses.
• I like to be forehanded with my chores so I don't have to rush at the last minute.
• He's so forehanded, always thinking ahead and being prepared for anything.
• Being forehanded in decision-making can lead to better outcomes in the long run.

verb to put money or resources into something in order to gain a profitable return

• It is wise to carefully research and analyze before deciding where to invest your money.
• I'm thinking about investing in some stocks to see if I can make some extra cash.
• I heard about this new app where you can invest your spare change into stocks.
• She decided to invest her time and energy into learning a new skill.

noun A thing that is worth buying because it may be profitable or useful in the future

• The company made a strategic investment in new technology to improve efficiency.
• I'm thinking of making an investment in that new startup.
• I heard that new cryptocurrency is a good investment right now.
• Education is an investment in yourself that always pays off in the long run.

noun a sum of money saved or kept aside for a particular purpose

• It is important to start building your savings early in order to secure your financial future.
• I'm trying to cut back on expenses so I can boost my savings.
• I'm stashing away some cash for a rainy day.
• Investing in your education is a great way to grow your savings in the long run.

verb to waste (something, especially money or time) in a reckless or foolish manner

• The company cannot afford to squander its resources on unnecessary expenses.
• Don't squander your money on things you don't really need.
• Stop squandering your time on that useless project.
• She squandered her opportunities by not taking advantage of them.

noun an abundance of valuable resources or valuable material possessions

• The accumulation of wealth is often seen as a measure of success in our society.
• He inherited a lot of wealth from his grandparents and now lives a lavish lifestyle.
• She's rolling in wealth after winning the lottery last year.
• Knowledge is the true wealth that can never be taken away from you.