Today's Rocket Words: Your 5 words and meanings to learn

savings goal

A specific amount of money you aim to set aside over time for a future purpose, like buying something, an emergency fund, or a big expense.

budgeting

The process of planning how you will spend and save your money. It helps you make sure your income covers your expenses and supports your financial goals.

balance

The amount of money you have in your bank account after all deposits and withdrawals.

estimate

To make a careful guess about a number or amount when you don’t know the exact value.

financial planning

The process of organising your money—like income, expenses, savings, and goals—to help you manage your finances and prepare for the future.

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