People and their money

Unit MONEY MATTERS

Lead-in. Explain these proverbs: What do they mean? Do they have Russian equivalents?.

§ The best things in life are free.

§ Time is money.

§ Save your pennies for a rainy day.

§ Money talks.

§ You can't take it with you when you go.

§ Money doesn't grow on trees

Ex.1a) Work in pairs. How many questions in the quiz can you answer without using a dictionary?

♫ b). Listen and check. For each question you answered correctly, you win the figure stated. Who won the most?

QUIZ

1. What were first minted in ancient Lydia (part of what is now Turkey) about 2,600 years ago? £10

A automatic cash machines B coins

C one-armed bandits D credit cards

2. Someone who has no money at all is often described as £25

A broke B broken

C bust D shattered

3. Which of these might a child receive from his/her parents? £50

A a fee B a pension

C pocket money D a subsidy

4. Something so valuable it cannot be bought can be described as £100

A valuables B priceless

C worthless D pricey

5. If a company goes out of business because it cannot pay its debts, it … £ 250

A is in the black B breaks even

C in the red D goes bankrupt

6. Which of these is money given to someone in authority to get them to do something dishonest? £ 500

A a tip B a bribe

C a deposit D a ransom

7. Which of these is not a way of describing someone who hates spending money?

£ 1,000

A flashy B stingy

C tight-fisted D miserly

c) How much can you remember from the recording? Answer as many questions as you can individually, then compare answers in groups.

a.) In what circumstances might someone

charge a fee? receive royalties?

pay a deposit? expect a tip?

demand a ransom? go bankrupt?

b.) Have you ever

won money from a one-armed bandit?

paid or been offered a bribe?

received a subsidy? been completely broke?

bought something “valuable” that turned out to be worthless?

…

c.) Do you know anyone who is

… really stingy?

… always in the red?

… really flashy with their money?

Ex. 2a) Work in groups. Read the well-known sayings about money. What do they mean? Think of as many arguments as you can for and against each idea.

· Money makes the world go round.

· Neither a borrower nor a lender be.

· Money is the root of all evil.

· In life, the rich get richer and the poor get poorer.

· Money can’t buy happiness.

b) Discuss in pairs:

* What are you saving your money for?

* What's the average salary in your country?

* If you won the lottery, or some other type competition, and won lots of money, what would you do with it?

* How much money have you spent today? What did you spend it on?

* Is it possible to be rich, even if you do not have lots of money?

* Have you ever given money to a beggar?

* Have you ever been in debt?

* Do banks pay a higher percent of interest here or in your country?

* Do you give tips at a restaurant in your country? How about to taxi drivers?

* Do you haggle when you shop?

* Do you have a credit card? If so, do you have more than one?

* Do you sometimes buy things that you don't need? If so, give some examples.

* Have you ever found any money? If so, what did you do with it?

* Have you ever had any money stolenfrom you?

* How much do you have to spend to eat a good meal at a restaurant in your country?

* How much money do you think you will make on your first job?

PEOPLE AND THEIR MONEY

Ex. 3a) Read the stories about four people from different walks of life. What are their relationships with money?

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