Last month I wrote a post on words and phrases used to talk about our money habits. Continuing with the money theme, I’m looking this week at verbs and verb phrases for spending money.
Starting with the verb ‘spend’ itself, we say someone spends a fortune when they spend a lot of money and we talk about a spending spree, meaning a time when someone spends a lot of money on several things:
She’s spent a fortune on private tutors for the girls.
The couple later used the cards to embark on a wild spending spree.
Who funded the project?
They’re raising funds to finance the campaign.
He bankrolled the whole venture.
Let’s look at verbs for spending a lot of money. If someone squanders a large sum of money, they waste it by spending it on something useless or something that won’t last. The informal verb blow is used in a similar way but emphasizes that someone has spent (and wasted) lots of money doing enjoyable things:
They’ve already squandered millions of taxpayers’ money on the scheme.
Dan was paid on Friday and then blew it all on a big night out.
If you splurge, you spend a lot of money on something indulgent and expensive. This is an informal verb:
Every now and then I’ll splurge on a fancy meal.
We’re trying to economize on energy use.
Don’t skimp on walking boots – you get what you pay for.
Looking at phrases in this area, a person or company who bears or covers the cost of something pays for it:
The company responsible for an oil spill should bear the cost of the clean-up.
If you pay your way, you pay for yourself rather than allowing someone
else to pay for you:
I paid my way through college by working at the weekends.
When you get the (UK) bill / (US) check in a restaurant, you might offer to pay for another person by saying you will take care of it:
Come on, it’s your birthday – let me take care of this.
My next blog post will focus on idioms relating to money. In the meantime, if you want to remind yourself of some really useful phrasal verbs in this area, please follow this link to a post I wrote on the subject a few years ago: