Money Matters: How Much Can You Spend?
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- The opposite of thrifty. If you are spendthrift, you buy as though consumerism were going out of style.
- This one is perhaps easy to remember; it does, after all, have the word ‘spend’ in it.
A synonym with miserly and stingy. Parsimonious is GRE-speak for extremely frugal. Like miserly, this word has a negative connotation.
This is a person who indulges in luxury. And though the word doesn’t directly relate to wealth, most of the times a sybarite has to be wealthy (though even the relatively penurious* amongst us can live the life of a sybarite, if he or she isn’t loath to run up several credit cards.)
The word pecuniary means of or relating to money. Impecunious means not having any money. Pecunious, now mainly obsolete, means—as you can probably guess—wealthy.
This is a synonym for impecunious. Penurious also can be a synonym for miserly, so this word can be a little tricky. Whenever you have a word with two meanings, even if those meanings are closely related, make sure to come up with example sentences for both, so you don’t forget one of the definitions. (I’ve done so below).
If you are insolvent you can’t pay your bills. Oftentimes people use the term “bankrupt”. If you are solvent, on the other hand, you have paid off all your debts.
To be affluent is to be wealthy. This word usually describes countries, neighborhoods, or groups of people.
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