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take inventory
Meaning: To carefully examine and assess your current situation or resources.
Example: At the start of the year, she took inventory of her habits and made changes.
cancel a subscription
Meaning: To stop or terminate a service you are paying for.
Example: He canceled a subscription to save money for more important expenses.
Note: Common phrasal verb in consumer and finance contexts.
set up
Meaning: To arrange, establish, or configure something.
Example: She set up automatic transfers to her savings account.
Note: Phrasal verb — widely used in business and technology.
figure out
Meaning: To understand or solve something after thinking about it.
Example: He finally figured out how to fix the software bug.
Note: Phrasal verb — very common in everyday English.
dream becomes your destination
Meaning: A metaphor describing how consistent effort turns aspirations into reality.
Example: With steady progress, her dream of becoming a doctor became her destination.
money conversation
Meaning: A discussion about finances, often avoided due to discomfort.
Example: Couples should have honest money conversations to plan their future together.
timeline
IPA: /ˈtaɪm.laɪn/ (UK & US)
Meaning: A schedule or plan that shows when tasks or goals should be completed.
Meaning: A schedule or plan that shows when tasks or goals should be completed.
Example: Setting a timeline helps you measure progress toward your one-year plan.
auto savings
IPA: /ˈɔː.təʊ ˈseɪ.vɪŋz/ (UK), /ˈɑː.toʊ ˈseɪ.vɪŋz/ (US)
Meaning: A financial arrangement where money is automatically transferred into savings.
Meaning: A financial arrangement where money is automatically transferred into savings.
Example: Setting up auto savings is a simple daily action that supports long-term goals.
destination
IPA: /ˌdes.tɪˈneɪ.ʃən/ (UK & US)
Meaning: The place or goal you aim to reach after a journey or process.
Meaning: The place or goal you aim to reach after a journey or process.
Example: With consistent daily steps, your dream becomes your destination.
Other Listening Exercises
A financial plan to start your dream business
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