Phrasal Verbs About Money Management
- englishiseasierwithamal.com
- Mar 5
- 4 min read

Phrasal Verbs About Money Management
Cut back on – reduce spending
Example: We need to cut back on eating out.
Save up – collect money over time for something
Example: She is saving up for a new laptop.
Pay off – finish paying a debt
Example: He finally paid off his credit card.
Pay back – return money you borrowed
Example: I will pay you back next week.
Live on – survive using a certain amount of money
Example: They live on a small salary.
Run out of – have no more money left
Example: I ran out of cash yesterday.
Put aside – save money for later
Example: She puts aside $100 every month.
Put away – save money for the future
Example: They put away money for retirement.
Take out – withdraw money from a bank
Example: I took out $200 from the ATM.
Pay for – give money to buy something
Example: She paid for dinner.
Come into – receive money unexpectedly
Example: He came into some money from his uncle.
Give back – return money or something borrowed
Example: Please give back the money you borrowed.
Hand over – give money to someone officially
Example: He handed over the rent to the landlord.
Dip into – use savings for something
Example: She had to dip into her savings.
Set aside – reserve money for a purpose
Example: They set aside money for emergencies.
Build up – gradually increase savings
Example: It takes time to build up your savings.
Fall behind on – fail to pay something on time
Example: He fell behind on his bills.
Keep track of – monitor spending or money
Example: I keep track of my monthly expenses.
Look after – manage or take care of money
Example: She looks after the family finances.
Hold on to – keep money instead of spending it
Example: Hold on to your cash in case of emergencies.

I. Choose the correct phrasal verb.
1. I need to __________ money for a new phone.
a) run out of b) save up c) hand over
2. We should __________ eating at restaurants to save money.
a) cut back on b) take out c) build up
3. She finally __________ her student loan last year.
a) paid off b) came into c) put aside
4. I will __________ the $50 you lent me tomorrow.
a) run out of b) pay back c) dip into
5. Many families must __________ a small income.
a) live on b) hold on to c) give back
6. I __________ cash and couldn’t buy the ticket.
a) built up b) ran out of c) paid for
7. They __________ $200 every month for emergencies.
a) put aside b) handed over c) fell behind on
8. My parents __________ money for retirement.
a) put away b) cut back on c) run out of
9. I need to __________ some cash from the ATM.
a) take out b) pay off c) hold on to
10. She __________ dinner for everyone.
a) ran out of b) paid for c) built up
11. He __________ some money when his aunt passed away.
a) came into b) paid back c) cut back on
12. Please __________ the money you borrowed last week.
a) build up b) give back c) set aside
13. The tenant __________ the rent to the landlord.
a) handed over b) ran out of c) looked after
14. I had to __________ my savings to fix my car.
a) dip into b) live on c) take out
15. They __________ money for their children’s education.
a) set aside b) run out of c) give back
16. It takes time to __________ your savings.
a) build up b) cut back on c) fall behind on
17. He __________ his credit card payments last year.
a) came into b) fell behind on c) put away
18. I __________ my spending with a budgeting app.
a) keep track of b) hand over c) live on
19. She __________ the family finances.
a) looks after b) runs out of c) pays back
20. You should __________ some money for emergencies.
a) hold on to b) run out of c) dip into

II. Complete the sentences using the correct phrasal verb.
1. I am trying to __________ money for a vacation.
2. We need to __________ unnecessary expenses this year.
3. She finally __________ her car loan.
4. I promise to __________ the money I borrowed.
5. Many seniors must __________ a small pension.
6. I __________ cash yesterday.
7. They __________ money every month for emergencies.
8. My parents __________ money for retirement.
9. I need to __________ $100 from the bank.
10. He __________ dinner for his friends.
11. She __________ some money after selling her house.
12. Please __________ the money you borrowed.
13. The customer __________ the money to the cashier.
14. I had to __________ my savings to pay the rent.
15. They __________ money for their children’s future.
16. It takes years to __________ good savings.
17. He __________ his credit card payments last year.
18. I __________ my expenses in a notebook.
19. She __________ the company’s finances.
20. It’s smart to __________ some extra cash.

III. Each sentence has a mistake. Correct it.
1. I am saving on for a new car.
2. We need to cut back of our spending.
3. She paid back her loan last year.
4. I will pay off you tomorrow.
5. They live in a small salary.
6. I ran out from money yesterday.
7. She puts away $50 aside every week.
8. My parents put up money for retirement.
9. I need to take in some money from the ATM.
10. He paid dinner for everyone.
11. She came on some money last month.
12. Please give out the money you borrowed.
13. The tenant handed in the rent to the landlord.
14. I had to dip my savings into.
15. They set up money for emergencies.
16. It takes time to build on your savings.
17. He fell behind his bills.
18. I keep track my spending every month.
19. She looks the family finances after.
20. Hold on your money for emergencies.




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