Money Matters

	Are you always (1)..... up? Do you often have to (2)..... money from friends, or from your parents, whenever you need a little extra (3).....? If you (4)..... too much, and save too little, you will end up with more (5)..... than friends. You know the solution, of course: just save a small (6)..... every month. Most banks will pay (7)..... on your saving, and you will soon be able to (8)..... all those things which seemed to cost too much before. The trouble is, you’re a university student, and many banks treat you like a child. But not us. If you open a/an (9)..... with Smith Fulton Bank before October 31^st, we’ll not only send you your own (10)..... book and credit (11)....., but you’ll also receive a copy of your booklet ’Putting Money (12)..... for Your Future’. Smith Fulton can pay your (13)....., help you with special student (14)....., and your friendly branch (15)..... can give you advice for the future. We believe in you. Why not believe in us and open an account?
1. A) shut 2. A) borrow 3. A) cheque 4. A) sign 5. A) owe 6. A) amount 7. A) receipts 8. A) lend 9. A) cheque 10. A) loan 11. A) plastic 12. A) aside 13. A) sales 14. A) coins 15. A) miser	B) hard B) lend B) pension B) spend B) loans B) number B) credits B) economise B) customer B) cheque B) tip B) up B) bets B) loans B) swindler	C) debt C) save C) wealth C) cost C) debts C) note C) rents C) afford C) bill C) cash C) card C) inside C) bargains C) fortunes C) manager	D) money D) pay D) cash D) cheat D) profits D) rest D) interest D) spend D) account D) money D) cheque D) work D) bills D) pensions D) cashier

It is interesting to know

& Reading

Read the newspaper extract about an old lady who left 500,000 pounds when she died.

a) What is strange about the way the old lady lived?

b) Why do you think she chose to live like that? Give your opinion.

When she died she had lived alone in a six-bedroom home for fourteen years, and dressed in second-hand clothes from jumble sales. She only went out twice a day - early in the morning, to look for useful things on the beach to take home, and then for a session on the fruit machines later on. Among the rubbish found in her house after her death were her diaries. She had written down every penny she spent, including jumble sale bargains, and anything she won on the fruit machines.

Grocer, George Bumstead, 70, says: 'Every Monday she used to come into my shop and buy her weekly order of six eggs, seven bananas and seven pounds of potatoes. The order never changed, and all she had to cook with was an old gas cooker with two rings the oven didn't work.'

The irony of the story is that this eccentric old lady, who used to love watching American soap operas, could have lived in the extravagant style of her favourite soap opera, Dallas, if she had wanted to.

Listening

Exercise 1 Listen to the first song and answer the questions: a) Does the singer have a job? b) Is she rich or poor? c) What does she hope to do? Why? d) What does she think is “funny” and “sunny”? Do you agree?

Exercise 2 Listen to the second song and answer the questions: a) Is the singer rich? b) What does he want to do? c) What would he build if he were rich? d) Where would he build it?

— Speaking

MONEY: WHERE TO GET IT AND TO SPEND IT?

The problem of spending and earning money is important for young people all over the world. It is so easy to waste money but it’s so hard to earn it. In different countries there are different ways to get money but the ways to spend it are mostly the same. In Great Britain there are many more chances for young people to find a job and to earn some pocket money than in Ukraine.

Look through the following table. With three stars *** the most popular ways of getting money are marked, with one star * the less popular. Try to complete the table with Ukrainian ways of earning money. Explain how it is possible to earn money by this or that way. Use the following model for help:

Students can earn money receiving allowance from their parents when they help their parents about the house or study well.

The ways to earn money	Great Britain	Ukraine
Being a waiter or a waitress Working at a store Being a camp counselor Being a baby-sitter Allowance Saturday job Taking money from relatives Birthday money and Christmas presents Having a steady responsible job Taking care of old people Washing cars Helping parents Selling self-made things Walking neighbours’ dogs and cats Working in neighbours’ gardens Singing songs and dancing in the streets Selling newspapers and post cards	*** *** ** *** *** ** * *** * ** ** * * ** * ***

What ways of making money do you know? Comment on the most popular and less popular ways of getting money in Ukraine and explain why it happens. What are the reasons for this?

Who makes money in your family? Do you try to earn money? What are the most appropriate ways for making money for you? Why? Ask your groupmates about it and compare the answers.

Do the following quiz and check

Are you going to be a millionaire?

Do you bet on

Aren’t you a millionaire? Book a holiday to Barbados and buy a Rolls-Royce. You just need a kind of relaxation!

May be now you are penniless and you are fantasizing about winning a big prize in the National Lottery. Tomorrow you should buy your lucky lottery ticket and you’ll win!

Maybe this turns you green with envy, but you don’t know what it is actually like to wake up one day with more money than you can imagine. Just keep trying, keep working.

& Pre-reading

Look at the title of the magazine article. It is based on a well-known song from a 1950s’ American musical.

1. Listen to the song. What don’t the singers of the song want to do? What do they

want to do?

2. The article is about people who win huge amounts of money in a lottery or on the

football pools, and how this affects their lives. Which of the following do you

think are good suggestions or bad suggestions for such people?

If you win a lot of money,…..

………….you should give up work.

………….you should buy a new house.

………….you mustn’t let it change you.

………….it’s a good idea to keep it a secret.

………….you should give money to everyone who asks for it.

………….you should go on a spending spree.

What suggestions would you give to someone who has won a lot of money?

3.The words in A are in the article. Match a word in A with a definition in B.

A 1. envy 2. to fantasize 3. a jigsaw 4. a windfall 5. a purpose 6. to fritter away money

B a. a sum of money you receive unexpectedly b. an aim, a reason for doing something c. a feeling of discontent because someone has something that you want d. to spend money foolishly on small, useless things e. to imagine, to dream f. picture cut into pieces that you have to put together again

& Reading

Read the article. The following sentences have been taken out of the text. Where do you think they should go?

a. They were furious!

b. we feel at home

c. It is tempting to move to a bigger house

d. ‘nothing but misery’

e. what the money would do to us!

f. it seems fantastic!

g. most of their money will be frittered away

h. if you lent him some money,

Who wants to be a millionaire?

The National Lottery creates a millionaire every week in Britain. Maybe this turns you green with envy, but what is it actually like to wake up one day with more money than you can imagine?

Nearly all of us have fantasized about winning the big prize in The National Lottery. We dream about what we would do with the money, but we rarely stop to think about 1)____________.

For most of us, our way of life is closely linked to our economic circumstances. The different parts of our lives fit together like a jigsaw: work, home, friends, hobbies, and the local pub make our world. This is where we belong and where 2)___________. A sudden huge windfall would dramatically change it all and smash the jigsaw.

For example, most people like the idea of not having to work, but winners have found that without work there is no purpose to their day, and no reason to get up in the morning. 3)____________ in a wealthy neighbourhood but, in so doing, you leave old friends and routines behind.

Winners are usually advised not to publicize their address and phone number, but charity requests and begging letters still arrive. If they are not careful, 4)____________ on lawyers' fees to protect them from demanding relatives, guards to protect their homes and swimming pools, and psychotherapists to protect their sanity!

People who get it wrong

There are many stories about people who can't learn how to be rich. In 1989, Val Johnson won £850,000 on the pools. Immediately, she went on a spending spree that lasted for four years and five marriages. She is now penniless and alone. ‘I'm not a happy person’, she says. ‘Winning money was the most awful thing that happened to me’.

Then there is the story of Alice Hopper, who says that her £950,000 win four years ago brought her 5)_____________. She walked out of the factory where she worked, and left a goodbye note for her husband on the kitchen table. She bought herself a villa in Spain, and two bars (one a birthday present for her eighteen-year-old son). After three months, her son was killed while driving home from the bar on the motorbike which his mother had also bought for him. She found the bars more and more difficult to run. She now sings in a local Karaoke bar to earn money for groceries. ‘I wish I was still working in the factory’, she says.

‘It won't change us!’

That's what all winners say when they talk to reporters and television cameras as they accept the cheque and the kisses from a famous film star. And some winners, like Malcolm Price, really mean it. He refused to change his way of life when he won £2.5 million. The next Saturday night, he went to his local pub as usual, and as usual he didn't buy his friends a drink. 6)______________. He, too, is a lonely man now.

Imagine you are an average family and you have just won £1 million. At first 7)______________. Just by picking up the phone you can get the toilet seat fixed, and the leak in the roof repaired - all the problems that have been making your life miserable. ‘But, it won't change us, darling’, you say to your wife. ‘Yes, it will!’ she insists. ‘I want it to change us. It will make life better! It'll be different!’

Already the children are changing. Just this morning they were ordinary, contented kids. Now they are demanding computer games, CD players, motorbikes… ‘Hold on!’ you shout. ‘Let me answer the door’.

It is your neighbour, with a bunch of flowers and a loving smile on her face. ‘Congratulations!’ she shouts. ‘I was wondering if you could lend me…’ You shut the door.

In the first week you receive two thousand letters advising you how to spend your money, either by investing it or giving it to good causes. Your son comes home with a music system that is bigger than the living-room, your sixteen-year-old daughter books a holiday to Barbados with her boyfriend, and your wife buys a Rolls-Royce. ‘But darling’, you say, ‘we haven't received one penny of this money yet! What about the broken toilet seat? What about the leaking roof? What about me?’ – ‘I haven't forgotten you’, says your wife. ‘I've bought you a racehorse!’

The next day you get a begging letter from a man who won the lottery a year ago. He tells you how he spent £2,000,000 in three weeks. He says 8)____________, he could start his life all over again. You begin to think that winning a fortune brings more problems than it solves! You realize that you are quite fond of the broken toilet seat and the leaking roof after all.

A final thought

When you next buy your lottery ticket, or do the football pools, just stop for a minute and ask yourself why you are doing it. Do you actually want to win? Or are you doing it for the excitement of thinking about winning?

Дата добавления: 2015-11-14