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MONEY VOCABULARY Bank Account- An account in a bank which allows you to save and withdraw money Borrow- To take money on Credit Expensive/ Cheap- Adjectives to describe the price of something Cheque- Written order to a bank to pay the stated sum from one’s account ATM- Automatic Machine where you withdraw cash from your Bank Mortgage- Money that is loaned in order to buy a house Salary- A fixed regular payment for work Debt- Owing something often money Currency- the type of money used in a specific country Loan- either a bank or an individual which gives you money on credit Credit- Money given now that is expected to be repaid back, often plus INTREST, or a fee for taking the money
WORDS TO DESCRIBE A RICH MAN Filthy Rich Stinking Rich Rolling in it Wealthy Rich Prosperous Affluent Well Off
WORDS TO DESCRIBE A POOR MAN Hard up Needy Penniless Broke Poor Impoverished Poverty-stricken Destitute
MONEY QUIZ 1. What is the name of money you borrow from the bank? 2. 2. What is the currency of Italy? 3. What is the name of the automatic machine from which you take cash? 4. What is an adjective for a person with lots of money? 5. What is the name of the money you borrow to buy a house? 6. Name three ways of paying for something 7. Name four verbs for things you can do with money 8. What do you do if you haggle, or barter? 9. If a product is Exorbitant what does that mean? Ex. I cant afford that the price is Exorbitant!!! 10. Name two places where you could store money
SMALL AMERICAN CULTURAL BREAK This song is about purchasing things second hand getting really cool vintage things for cheap. In America buying kinda strange outfits second has become a really popular fashion statement as this video shoes What do you think of this Trend? Is it cool to look kinda scruffy? Or would you rather wear expensive designer clothing? http: //www. youtube. com/watch? v=p 9 mmhh_wvk. A
QUOTATIONS If all the rich people in the world divided up their money among themselves, there wouldn't be enough to go around. Christina Stead (1903 - 1983), House of All Nations (1938) "Credo" Save a little money each month and at the end of the year you'll be surprised at how little you have. Ernest Haskins Money frees you from doing things you dislike. Since I dislike doing nearly everything, money is useful. Groucho Marx (1890 - 1977) A wise man should have money in his head, but not in his heart. Jonathan Swift (1667 - 1745) Lack of money is no problem. Lack of an idea is an problem. Ken Hakuta Money can't buy happiness, but neither can poverty.
DISCUSSION QUESTIONS Do you think that money can contribute to a person’s happiness? What is good about money? What is bad about it? What do you think rich means? An old Chinese proverb says that, being rich is knowing when you have enough. Do you agree with this statement? Do people worry about money too much? What are typical salaries in your country, for example for a teacher, a policeman, a taxi driver? Are these fair?
MONEY IDIOMS Born with a silver spoon As phony as a three dollar bill Bet one’s bottom dollar Break Even Cheapskate Cold Hard Cash A dime a dozen Foot the bill Feel like a million Bucks
