front 1 burden | back 1 culeys something difficult that you have to deal with or worry about EXAMPLE: Owning a home can be a burden: You have a monthly mortgage payment, and what's more, you are responsible for all of the repairs! |
front 2 financial status | back 2 heerka dhaqaale your position as it relates to money EXAMPLE: If you want to take out a loan, the banker will take a look at your financial status. She wants to make sure you will be able to pay the money back. |
front 3 fall behind on | back 3 gadaal u dhacaan to not pay your debts on time EXAMPLE: When she lost her job, she started to fall behind on her mortgage. |
front 4 adjective: financially stable (noun: financial stability) | back 4 dhaqaale ahaan xasilloon to have enough money to live on EXAMPLE: Now that he has a good job and little debt, Luis is financially stable. He doesn't have to worry anymore. |
front 5 terms and conditions | back 5 xeerarka iyo shuruudaha the rules EXAMPLE: Before you agree to a loan, read the terms and conditions carefully. Make sure you understand your responsibilities. |
front 6 budget | back 6 miisaaniyad a plan that shows how much money you earn each paycheck and how you will spend and save it EXAMPLE: We are tired of running out of money before the end of the month. My husband and I studied our finances and created a budget. We are careful to follow our new savings and spending plan. |
front 7 calculate | back 7 xisaabiso to discover an amount or number using math EXAMPLE: Let's look at our budget and calculate how much money we can afford to pay each month for a mortgage. |
front 8 credit report | back 8 warbixinta amaahda a record of your debt and payments of debt over a period of time EXAMPLE: I applied for a credit card. The bank said they would run my credit report and let me know if I qualified. |
front 9 foreclose on | back 9 saadaalin when the bank takes back the house or land because you didn't pay the mortgage every month EXAMPLE: After the man lost his job, he stopped paying his mortgage. The bank foreclosed on him. The man lost the house. |
front 10 gather | back 10 ururin to collect things together EXAMPLE: I want to apply for a mortgage. I need to gather my pay stubs, social security card, and other important documents so I can show them to the banker. |
front 11 lender | back 11 deyn bixiye a company that lends money EXAMPLE: If you want to take out a mortgage, apply with local banks, national banks, or online lenders. |
front 12 mortgage broker | back 12 dillaaliinta guryaha a person who helps a borrower find the best mortgage EXAMPLE: Some people use the services of a mortgage broker when they want to find the best mortgage that will meet their needs. |
front 13 pay stub | back 13 Lacag bixin the record of how much you earned in a pay period and how much was withheld EXAMPLE: My pay stub shows my gross pay and my net pay. I can study it to find out about my withholdings. |
front 14 process | back 14 hab loo qabto the steps you need to take to complete a task EXAMPLE: If you want a mortgage, you will find that the application process is long and sometimes confusing. Be sure to ask for help. |
front 15 take on | back 15 waxqabasho to accept responsibility for something EXAMPLE: Are you sure you make enough money to take on a car loan? Maybe you should wait until next year to buy a new car. |
front 16 the time is right | back 16 waqtiga waa sax now is a good time to do something EXAMPLE: Now that both parents have stable jobs, they think the time is right to start looking for a home to buy. |
front 17 think twice | back 17 ka fikir laba jeer be very careful before making a big decision EXAMPLE: Before you buy a house, you should think twice. Are you sure your job is stable? Do you earn enough to cover the monthly payment? Are you sure you don't want to move to another city or state? |
front 18 what's more | back 18 waxa intaa ka badan in addition to this EXAMPLE: He lost his job. What's more, his car broke down. |
front 19 qualified | back 19 u qalma you meet all of the requirements EXAMPLE: The lender said I was qualified for a loan because I met all of the requirements, such as earning enough money and having a good credit score. |