Daily Reading Practice · Nonfiction passage
Any word, any time — right from this page.
Financial literacyfinancial literacy (noun)The knowledge and skills to manage money well.≈ Synonym: money management skills🇺🇿UZ: moliyaviy savodxonlik🇷🇺RU: финансовая грамотность refersrefer to (phrasal verb)Describes or indicates something.≈ Synonym: means🇺🇿UZ: anglatmoq🇷🇺RU: означать to the knowledgeknowledge (noun)Information and understanding gained through learning.≈ Synonym: understanding🇺🇿UZ: bilim🇷🇺RU: знания and skillsskill (noun)Abilities to do something well.≈ Synonym: abilities🇺🇿UZ: ko'nikma🇷🇺RU: навык needed to make informedinformed (adj)Based on good knowledge or information.≈ Synonym: well-informed🇺🇿UZ: asosli, ma'lumotga asoslangan🇷🇺RU: обоснованный, осознанный decisionsdecision (noun)Conclusions reached after consideration.≈ Synonym: choices🇺🇿UZ: qaror🇷🇺RU: решение about moneymoney (noun)Currency used to buy things.≈ Synonym: cash🇺🇿UZ: pul🇷🇺RU: деньги — including how to budgetbudget (verb)To plan how money will be spent.≈ Synonym: plan spending🇺🇿UZ: byudjet tuzmoq, xarajatni rejalamoq🇷🇺RU: планировать бюджет, save, borrow, and invest wiselywisely (adverb)In a sensible, thoughtful way.≈ Synonym: sensibly🇺🇿UZ: oqilona🇷🇺RU: разумно. Despite its importanceimportance (noun)The state of being significant or valued.≈ Synonym: significance🇺🇿UZ: ahamiyat🇷🇺RU: важность in everyday life, financial literacy is often not formallyformally (adverb)In an official or structured way.≈ Synonym: officially🇺🇿UZ: rasmiy tarzda🇷🇺RU: официально taughtteach (verb)Given instruction on a subject.≈ Synonym: instructed🇺🇿UZ: o'qitmoq🇷🇺RU: преподавать in schools, leaving many young people to learn these skills through trial and errortrial and error (noun)A method of learning through repeated attempts.≈ Synonym: experimentation🇺🇿UZ: sinov va xato usuli🇷🇺RU: метод проб и ошибок, or not at all.
One of the most basic elementselement (noun)Essential parts of something.≈ Synonym: components🇺🇿UZ: unsur, qism🇷🇺RU: элемент of financial literacy is budgetingbudgeting (noun)The practice of planning how to spend money.≈ Synonym: financial planning🇺🇿UZ: byudjetni rejalashtirish🇷🇺RU: планирование бюджета: understanding how much money is coming in and planning how it will be spent. Without this skill, it becomes easy to spend more than one earns, leading to debtdebt (noun)Money owed to another party.≈ Synonym: money owed🇺🇿UZ: qarz🇷🇺RU: долг that can be difficult to escape. Financially literateliterate (adj)Having knowledge or competence in a particular area.≈ Synonym: knowledgeable🇺🇿UZ: savodli🇷🇺RU: грамотный people are generally better able to distinguishdistinguish (verb)To recognise the difference between things.≈ Synonym: differentiate🇺🇿UZ: farqlamoq🇷🇺RU: различать between essentialessential (adj)Absolutely necessary.≈ Synonym: vital🇺🇿UZ: zarur🇷🇺RU: необходимый spending and optionaloptional (adj)Available to be chosen but not compulsory.≈ Synonym: non-essential🇺🇿UZ: ixtiyoriy🇷🇺RU: необязательный purchases, helping them stay within their meansmeans (noun)The financial resources one has available.≈ Synonym: financial resources🇺🇿UZ: imkoniyat, mablag'🇷🇺RU: средства, достаток.
Understanding interestinterest (noun)Money charged for borrowing, or earned on savings.≈ Synonym: finance charge🇺🇿UZ: foiz (bank, kredit)🇷🇺RU: проценты (по кредиту/вкладу) rates is another crucialcrucial (adj)Extremely important.≈ Synonym: vital🇺🇿UZ: hal qiluvchi, juda muhim🇷🇺RU: решающий, крайне важный part of financial literacy. When people borrowborrow (verb)To take money with the intention of repaying it.≈ Synonym: take a loan🇺🇿UZ: qarzga olmoq🇷🇺RU: занимать, брать в долг money, whether through a credit card, loan, or mortgagemortgage (noun)A loan to buy a house.≈ Synonym: home loan🇺🇿UZ: ipoteka🇷🇺RU: ипотека, they are usually chargedcharge (verb)To ask someone to pay an amount of money.≈ Synonym: bill🇺🇿UZ: haq olmoq🇷🇺RU: взимать плату interest — an additional cost for borrowing. Without understanding how interest works, people can end up paying far more than they originallyoriginally (adv)At first; in the beginning.≈ Synonym: initially🇺🇿UZ: dastlab🇷🇺RU: изначально borrowed, sometimes for many years. The same principle works in reversein reverse (phr)In the opposite way or order.≈ Synonym: the other way round🇺🇿UZ: teskari tartibda🇷🇺RU: наоборот, в обратном порядке for savingssavings (noun)Money saved over time.≈ Synonym: money saved🇺🇿UZ: jamg'arma🇷🇺RU: сбережения: money placed in an interest-bearinginterest-bearing (adj)Earning interest over time.≈ Synonym: yield-generating🇺🇿UZ: foiz keltiradigan🇷🇺RU: процентный, приносящий доход account can grow over time, a concept often called compound interestcompound interest (noun)Interest calculated on both the initial sum and past interest.≈ Synonym: interest on interest🇺🇿UZ: murakkab foiz🇷🇺RU: сложные проценты.
Financial literacy also plays an important role in long-term planning, such as saving for retirementretirement (noun)The period after someone stops working, usually due to age.≈ Synonym: later life after work🇺🇿UZ: nafaqaga chiqish🇷🇺RU: выход на пенсию or preparing for unexpected emergenciesemergency (noun)Sudden, serious, unexpected situations.≈ Synonym: crises🇺🇿UZ: favqulodda holat🇷🇺RU: чрезвычайная ситуация. Research consistently shows that people with stronger financial knowledge are more likely to build an emergency fundemergency fund (noun)Money saved for unexpected expenses.≈ Synonym: rainy-day fund🇺🇿UZ: favqulodda jamg'arma🇷🇺RU: резервный фонд, avoid unnecessary debt, and feel less stressedstressed (adj)Feeling mental or emotional strain.≈ Synonym: under pressure🇺🇿UZ: asabiylashgan🇷🇺RU: в стрессе about money in general.
Recognising this gap, some countries have begun introducing financial education into school curriculacurriculum (pl. curricula) (noun)The subjects taught in a school or course.≈ Synonym: syllabi🇺🇿UZ: o'quv dasturi🇷🇺RU: учебная программа, teaching students practical skills such as reading a payslippayslip (noun)A document showing an employee's pay and deductions.≈ Synonym: pay statement🇺🇿UZ: ish haqi varaqasi🇷🇺RU: расчётный листок, understanding taxes, or comparing loan offersoffer (noun)Proposals presenting terms for something.≈ Synonym: proposals🇺🇿UZ: taklif🇷🇺RU: предложение. Supporters argue that just as schools teach reading and mathematics as essential life skills, understanding how money works deserves the same level of attentionattention (noun)Notice or interest shown to something.≈ Synonym: notice🇺🇿UZ: e'tibor🇷🇺RU: внимание, given how directly it affects nearly every majormajor (adj)Important or significant.≈ Synonym: significant🇺🇿UZ: muhim, katta🇷🇺RU: крупный, важный decision people make throughout their lives.
In your own words, write a short summary of what you just read (90–120+ words). Don't copy sentences — explain the main ideas.
Every highlighted word from this story with its meaning in Uzbek 🇺🇿 and Russian 🇷🇺, and an example. Tap 🇬🇧 or 🇺🇸 to hear the word or the sentence in a British or American accent.
| # | 🇬🇧 | 🇺🇿 | 🇷🇺 | Example |
|---|---|---|---|---|
| 1 | financial literacynoun | moliyaviy savodxonlik | финансовая грамотность | Financial literacy should be taught at school. |
| 2 | refer tophrasal verb | anglatmoq | означать | 'Budget' refers to a plan for spending money. |
| 3 | knowledgenoun | bilim | знания | My knowledge of economics is limited. |
| 4 | skillnoun | ko'nikma | навык | Cooking is a useful life skill. |
| 5 | informedadjective | asosli, ma'lumotga asoslangan | обоснованный, осознанный | Read reviews so you can make an informed choice. |
| 6 | decisionnoun | qaror | решение | Don't make important decisions when you're tired. |
| 7 | moneynoun | pul | деньги | I'm trying to save money for a new laptop. |
| 8 | budgetverb | byudjet tuzmoq, xarajatni rejalamoq | планировать бюджет | Students need to budget carefully. |
| 9 | wiselyadverb | oqilona | разумно | Spend your money wisely. |
| 10 | importancenoun | ahamiyat | важность | Never forget the importance of family. |
| 11 | formallyadverb | rasmiy tarzda | официально | The new bridge was formally opened yesterday. |
| 12 | teachverb | o'qitmoq | преподавать | History is taught in Uzbek at our school. |
| 13 | trial and errornoun | sinov va xato usuli | метод проб и ошибок | I learned to cook by trial and error. |
| 14 | elementnoun | unsur, qism | элемент | Trust is a key element of any friendship. |
| 15 | budgetingnoun | byudjetni rejalashtirish | планирование бюджета | Budgeting helps you avoid debt. |
| 16 | debtnoun | qarz | долг | He is still paying off his debt. |
| 17 | literateadjective | savodli | грамотный | Almost everyone in Uzbekistan is literate. |
| 18 | distinguishverb | farqlamoq | различать | Can you distinguish between the two sounds? |
| 19 | essentialadjective | zarur | необходимый | Food and rent are essential costs. |
| 20 | optionaladjective | ixtiyoriy | необязательный | Wearing a tie is optional. |
| 21 | meansnoun | imkoniyat, mablag' | средства, достаток | Try to live within your means. |
| 22 | interestnoun | foiz (bank, kredit) | проценты (по кредиту/вкладу) | The bank pays 15% interest on savings. |
| 23 | crucialadjective | hal qiluvchi, juda muhim | решающий, крайне важный | Sleep is crucial before an exam. |
| 24 | borrowverb | qarzga olmoq | занимать, брать в долг | I had to borrow money from my brother. |
| 25 | mortgagenoun | ipoteka | ипотека | They took out a mortgage to buy their flat. |
| 26 | chargeverb | haq olmoq | взимать плату | The hotel charged us for breakfast. |
| 27 | originallyadverb | dastlab | изначально | The building was originally a school. |
| 28 | in reversephrase | teskari tartibda | наоборот, в обратном порядке | The same rule works in reverse. |
| 29 | savingsnoun | jamg'arma | сбережения | She spent all her savings on a trip to Japan. |
| 30 | interest-bearingadjective | foiz keltiradigan | процентный, приносящий доход | Put your money in an interest-bearing account. |
| 31 | compound interestnoun | murakkab foiz | сложные проценты | Compound interest makes your savings grow faster over time. |
| 32 | retirementnoun | nafaqaga chiqish | выход на пенсию | My grandfather enjoys his retirement. |
| 33 | emergencynoun | favqulodda holat | чрезвычайная ситуация | Keep some cash for emergencies. |
| 34 | emergency fundnoun | favqulodda jamg'arma | резервный фонд | An emergency fund should cover three months of expenses. |
| 35 | stressedadjective | asabiylashgan | в стрессе | Don't get stressed about small things. |
| 36 | curriculum (pl. curricula)noun | o'quv dasturi | учебная программа | Coding is now part of the school curriculum. |
| 37 | payslipnoun | ish haqi varaqasi | расчётный листок | Check your payslip every month. |
| 38 | offernoun | taklif | предложение | Compare different loan offers before you decide. |
| 39 | attentionnoun | e'tibor | внимание | The issue deserves more attention. |
| 40 | majoradjective | muhim, katta | крупный, важный | Buying a house is a major decision. |