Choose the correct words to complete the text below. You can refer to the given link on each word/phrase to understand its meaning.
I started my own business - a small clothes shop - about five years ago. At first the (1) costs / debt were very high - finding the right place and decorating it and buying the clothes - but i managed to keep within the (2) budget / interest I had in mind. I'd hoped to make a profit fairly quickly and (3) credit limit / invest that in the business, as well as paying back the bank. But I've actually had to use up all of my (4) savings / expenses and borrow money from my brother to keep the business going, and now I find myself in (5) broke / financial difficulties. If things don't get better in the next three months, I'm going to have to declare myself (6) bankrupt / in the red and close the shop. In the meantime, I'm really going to have to (7) economize / overdraft - I'll have to get rid of my assistant and work in the shop myself all the time. Otherwise, there's no way I'll be able to (8) cut back / make ends meet.
(Adapted from Driscoll (2005). Vocabulary in Practice 6: Upper-Intermediate. Cambridge: CUP, p.30)
