This post gives some useful vocabulary about the topic "Smart Saving: How to Resist Consumerism and Save Money"

Try to use it in our topic!

🔹 Beginner Level (Simple, Everyday Words)

1. Save – To keep money for the future.

2. Spend – To use money to buy things.

3. Buy – To get something by paying for it.

4. Need – Something necessary.

5. Want – Something you desire but don’t need.

6. Price – The cost of something.

7. Sale – A time when things are cheaper.

8. Budget – A plan for how to spend money.

9. Cheap – Low cost.

10. Expensive – High cost.

11. Waste – Using something badly or unnecessarily.

12. Discount – A reduced price.

13. Broke (informal) – Having no money.

14. Rich – Having a lot of money.

15. Poor – Having little money.

🔸 Intermediate Level (More Detailed & Specific)

1. Consumerism – A culture of buying too much.

2. Impulse buy – Buying something without planning.

3. Frugal – Careful about spending money.

4. Minimalism – Owning only what you need.

5. Debt – Money you owe.

6. Savings – Money kept for the future.

7. Bargain – A good deal.

8. Luxury – Something expensive but not necessary.

9. Necessity – Something you must have.

10. Afford – To have enough money for something.

11. Wasteful – Using too much or spending unwisely.

12. Second-hand – Used items (cheaper than new).

13. Overpriced – Too expensive for what it is.

14. Financial goal – A money-related target (e.g., saving $100).

15. Cut back – To reduce spending.

🔺 Advanced Level (Formal, Technical, or Nuanced Terms)

1. Materialism – Valuing possessions over experiences.

2. Sustainable living – A lifestyle that avoids waste.

3. Disposable income – Money left after paying bills.

4. FOMO (Fear of Missing Out) – Anxiety driving unnecessary spending.

5. Retail therapy – Shopping to feel better (often impulsive).

6. Conspicuous consumption – Buying things to show off wealth.

7. Financial literacy – Understanding money management.

8. Inflation – Rising prices over time.

9. Recession – A period of economic decline.

10. Investment – Using money to grow wealth (not just spending).

11. Scarcity mindset – Fear of not having enough (leading to overspending).

12. Delayed gratification – Waiting to buy something for a better reward later.

13. Cognitive bias – Mental traps that lead to bad spending choices.

14. Zero-waste lifestyle – Avoiding trash by reusing/recycling.

15. Passive income – Money earned without active work (e.g., investments).