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31
buying it. Listen to her conversation with the stall-holder, and
answer these questions.
1. How much does he say it's worth?
2. How much is he asking for it?
3. What does 'quid' mean?
4. He suggests four different prices. Write them down.
5. She makes four offers. Write them down.
B. English sayings about money
Make up mini-dialogues basing on given questions after the
English quotations and sayings:
The customer is always right.
Have you bought anything this week? What?
What did it cost? Was it worth it? Was it new or second-hand?
Was it a bargain? Did you get a receipt?
How often do you haggle?
Neither a borrower nor a lender be. (from 'Hamlet' by William
Shakespeare)
Have you ever borrowed money from anyone? Who from? How
much?
Have you ever lent money to anyone? Who to? How much?
Are you in debt at the moment? (i.e. Do you owe anyone any
money?)
Does anyone owe you any money? Who? How much?
Look after the pennies, and the pounds will look after
themselves.
Do you save money? Are you saving for anything at the moment?
What? Do you keep your money
a) in the bank? c) in a moneybox?
b) in a safe? d) under the bed?
Have you got a bank account? Do you get any interest? What's
the rate of interest? If you had a bank overdraft, how much interest
would you have to pay?
32
Live now – pay later.
Have you bought anything on hire purchase? What? Did you
pay a deposit? Do you think it's a good idea?
Have you got a credit card? Which one? (Visa? American
Express? Access?)
When you pay cash, do you ask for a discount? Do you usually
get it?
…Annual income twenty pounds, annual expenditure nineteen
nineteen and six, result happiness. Annual income twenty pounds,
annual expenditure twenty pounds ought and six, result miser…
(from 'David Copperfield' by Charles Dickens)
Do you spend more than you earn, or less than you earn?
Do you have a budget for your money?
Do you keep a record of your expenses?
BUDGETING
READING
Read the text and complete the exercises below:
DO YOU KNOW WHERE YOUR MONEY REALLY GOES?
Does every person need a budget? Before you answer this
question, consider a few more. Are you always running out of money?
Do you pay your bills late? Will you need to buy a car someday? Will
you need more schooling? If you answered 'yes' to any of those
questions, you probably need a budget.
What is a budget? It's a spending plan. The main parts of the
plan are income and expenses. The money we earn is income. The
things we spend money on are expenses. For a budget to work,
expenses cannot be more than income.
Starting Out
Before you start a budget, you need to know your net income.
That's the amount of money you actually get. For example, your salary
may be $300 a week. But your paycheck is less than that. Items such
as taxes and insurance are taken out, or deducted. If you have a
paycheck, study it to see what was taken out.
buying it. Listen to her conversation with the stall-holder, and Live now – pay later. answer these questions. Have you bought anything on hire purchase? What? Did you 1. How much does he say it's worth? pay a deposit? Do you think it's a good idea? 2. How much is he asking for it? Have you got a credit card? Which one? (Visa? American 3. What does 'quid' mean? Express? Access?) 4. He suggests four different prices. Write them down. When you pay cash, do you ask for a discount? Do you usually 5. She makes four offers. Write them down. get it? B. English sayings about money …Annual income twenty pounds, annual expenditure nineteen Make up mini-dialogues basing on given questions after the nineteen and six, result happiness. Annual income twenty pounds, English quotations and sayings: annual expenditure twenty pounds ought and six, result miser… (from 'David Copperfield' by Charles Dickens) The customer is always right. Do you spend more than you earn, or less than you earn? Have you bought anything this week? What? Do you have a budget for your money? What did it cost? Was it worth it? Was it new or second-hand? Do you keep a record of your expenses? Was it a bargain? Did you get a receipt? How often do you haggle? BUDGETING READING Neither a borrower nor a lender be. (from 'Hamlet' by William Shakespeare) Read the text and complete the exercises below: Have you ever borrowed money from anyone? Who from? How much? DO YOU KNOW WHERE YOUR MONEY REALLY GOES? Have you ever lent money to anyone? Who to? How much? Does every person need a budget? Before you answer this Are you in debt at the moment? (i.e. Do you owe anyone any question, consider a few more. Are you always running out of money? money?) Do you pay your bills late? Will you need to buy a car someday? Will Does anyone owe you any money? Who? How much? you need more schooling? If you answered 'yes' to any of those questions, you probably need a budget. Look after the pennies, and the pounds will look after What is a budget? It's a spending plan. The main parts of the themselves. plan are income and expenses. The money we earn is income. The Do you save money? Are you saving for anything at the moment? things we spend money on are expenses. For a budget to work, What? Do you keep your money expenses cannot be more than income. a) in the bank? c) in a moneybox? Starting Out b) in a safe? d) under the bed? Before you start a budget, you need to know your net income. Have you got a bank account? Do you get any interest? What's That's the amount of money you actually get. For example, your salary the rate of interest? If you had a bank overdraft, how much interest may be $300 a week. But your paycheck is less than that. Items such would you have to pay? as taxes and insurance are taken out, or deducted. If you have a paycheck, study it to see what was taken out. 31 32
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