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5 Money Phrasal Verbs

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Splash out

To spend money lavishly or freely, usually on something that is nice to have but not something we really need.

"Joe just splashed out $500 on a new watch."

Save up

When we keep money for a large expense in the future, we save up.

"I'm saving up to buy a new car. I should have enough by next year."

Pay off

We pay off something when we complete payment on a debt.

"I'm going to be paying off my credit card bill for months. I used it a lot when I was on holiday."

Cough up

We cough up on things that we don't want to spend money on. When you reluctantly spend some money you cough up on something.

"I had to cough up £70 just to have the dripping tap fixed in my kitchen."

Rip off

When someone tries to cheat you out of money, they are ripping you off. You are ripped off when you pay too much for something.

"I don't think this necklace is really worth $200. I think the salesman is trying to rip us off."

  • 1 - I have to ___ off the $300 I borrowed from the bank by the end of the month.

  • 2 - John said he ___ up for a new window after he broke it playing football in the garden.

  • 3 - We can buy it cheaper online. Don't let him ___ you off.

  • 4 - When we have saved ___ enough money we will buy it.

  • 5 - There's nothing better than ___ out on new clothes on pay day.