SPENDING MONEY Meaning and
Definition
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Spending money refers to the amount of money that an individual or entity has set aside for discretionary or non-essential expenses. It is the sum of money available to a person beyond their essential living costs or financial obligations, which can be used freely for personal or leisure-related purposes. Spending money is typically considered disposable income and can be used to purchase goods, services, experiences, or any other items that bring pleasure or satisfaction.
Individuals often allocate a specific portion of their income as spending money to cover various personal expenses, such as entertainment, dining out, shopping, vacations, hobbies, or spontaneous purchases. The purpose of earmarking spending money is to ensure that one has a designated amount available for non-essential or enjoyable activities without affecting their essential financial commitments or savings goals.
Spending money can also be seen as a form of self-reward or self-indulgence, allowing individuals to enjoy the fruits of their labor or to treat themselves to luxuries or experiences that enhance their quality of life. It is often separate from savings or investment accounts, as its purpose is more immediate gratification rather than long-term financial growth.
Managing spending money wisely can involve budgeting, setting limits, and prioritizing desired outcomes or experiences. It is important to strike a balance between enjoying discretionary expenses and maintaining financial stability, ensuring that spending money does not lead to excessive debt or jeopardize one's financial well-being. Ultimately, spending money provides the freedom and flexibility to pursue personal enjoyment and fulfillment beyond fundamental needs or obligations.
Common Misspellings for SPENDING MONEY
- apending money
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- s0ending money
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Etymology of SPENDING MONEY
The word "spending money" does not have a specific etymology of its own since it is formed by combining two common words: "spending" and "money". However, we can look at the etymology of both individual words to understand their origins.
1. Spending: The word "spending" originated from the Old English word "spendan", which meant "to use up". It is derived from the Proto-Germanic word "spendōną", meaning "to spend" or "consume". Over the centuries, the word evolved in Middle English to "spenden" and eventually to "spend" in Modern English.
2. Money: The term "money" traces its roots to the Latin word "monēta" or "monētāris", which referred to a coin or the mint where coins were made.
Idioms with the word SPENDING MONEY
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spending money
The idiom "spending money" refers to money used for non-essential purchases or expenses, typically for items or experiences that bring enjoyment or satisfaction but are not necessary for basic needs.
Similar spelling words for SPENDING MONEY
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