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Vocabulary for IELTS Academic (Band 6-7) - Financial Behaviours

Here, you will learn some English words related to Financial Behaviours that are necessary for the Academic IELTS exam.

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Vocabulary for Academic IELTS (6-7)
frugal
frugal
[Adjective]

careful to not spend money in an unnecessary or wasteful way

Ex: His frugal habits allowed him to save money for unexpected expenses. 
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thrifty
thrifty
[Adjective]

(of a person) careful with money and resources, avoiding unnecessary spending

Ex: She is a thrifty shopper, always finding the best deals. 
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cautious
cautious
[Adjective]

(of a person) careful to avoid danger or mistakes

Ex: She walked with cautious steps along the icy sidewalk, mindful of the slippery surface. 
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solvent
solvent
[Adjective]

having the ability to meet financial obligations and paying debts

Ex: Despite economic challenges, the company remained solvent due to wise financial management. 
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insolvent
insolvent
[Adjective]

incapable of fulfilling financial obligations due to a lack of money

Ex: The company became insolvent after several poor financial decisions. 
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spendthrift
spendthrift
[Adjective]

marked by extravagant and often wasteful use of resources or money

Ex: In a spendthrift display of generosity, she surprised her friends with thoughtful and personalized gifts. 
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profligate
profligate
[Adjective]

overly extravagant or wasteful, especially with money

Ex: Despite their limited income, she remained profligate in her spending habits. 
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extravagant
extravagant
[Adjective]

costing a lot of money, more than the necessary or affordable amount

Ex: She threw an extravagant birthday party with live music and gourmet catering. 
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lavish
lavish
[Adjective]

generous in giving or expressing

Ex: The team received lavish praise for their outstanding performance. 
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stingy
stingy
[Adjective]

unwilling to spend or give away money or resources

Ex: He was so stingy that he wouldn't even buy a coffee for his friend. 
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wasteful
wasteful
[Adjective]

(of a person or thing) using more resources, time, or money than is necessary or appropriate

Ex: She was criticized for her wasteful spending habits, often buying things she didn't need. 
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miserly
miserly
[Adjective]

having an extreme reluctance to spend money or resources

Ex: The miserly customer complained about the cost of every item, even in a discount store. 
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overextended
overextended
[Adjective]

having committed to or taken on more tasks, responsibilities, or financial obligations than can be comfortably managed

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penny-pinching
penny-pinching
[Adjective]

(of a person) unwilling to spend money

Ex: Sarah's penny-pinching ways have allowed her to save a substantial amount of money over the years. 
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profit-minded
profit-minded
[Adjective]

interested in making money or achieving financial gains

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