Financial Tips for Immigrants to the USA Vocabulary List:
- Immigrant: a person who comes to live permanently in a foreign country.
- Finance: the management of large amounts of money, especially by organizations.
- Budget: a plan for spending and saving money.
- Save: to keep money for future use instead of spending it.
- Expense: the cost required for something; the money spent on something.
- Credit: the ability to obtain goods or services before payment, based on the trust that payment will be made in the future.
- Bank Account: a record of the money a customer has deposited in a bank.
- Interest: an amount of money charged by a bank for the use of borrowed money.
- Income: the money that an individual or business receives regularly.
- Financial Goals: specific objectives to be accomplished through financial planning and management.
- Debt: something, typically money, that is owed or due.
- Invest: to put money into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.
- Credit Score: a number representing the creditworthiness of a person, the likelihood that they will pay their debts.
- Assets: items of value that a person or organization owns.
- Liabilities: something for which a person or company is responsible, especially a financial responsibility such as a debt.
