- •Discuss in pairs:
- •3D) Figure out the words by their definitions:
- •3E) Provide antonyms from the text to the following words:
- •3F) Figure out the words by their definitions:
- •3G). Which people do these words describe? Why?
- •3H) Compare these people’s relationship with money. Using the words in bold from the texts describe your relations with money.
- •5B) Work with another student and discuss these points.
- •5C) Read this text about charities and answer questions below.
- •5D) Answer the questions:
- •Vocabulary Bank
- •All the verbs in the first column collocate with the word money. Match the collocation with the correct definition
- •2. Choose the most suitable word or phrase underlined in each sentence.
- •3. Replace each word or phrase underlined with a word or phrase from the list which has the opposite meaning.
- •4 Complete each sentence with a word from the list. Use each word once only.
- •5. Choose the most suitable response to each sentence a) to j) from the sentences 1) to 10). Use each response once only.
- •6. Choose the most suitable word or phrase to complete each sentence.
- •7. Choose the most suitable word or phrase to complete each sentence.
- •8 . Match each person from the list with a suitable description. Use each name once only.
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
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
Someone who has no money at all is often described as £25
A broke B broken
C bust D shattered
Which of these might a child receive from his/her parents? £50
A a fee B a pension
C pocket money D a subsidy
Something so valuable it cannot be bought can be described as £100
A valuables B priceless
C worthless D pricey
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
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
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.
In what circumstances might someone
charge a fee? receive royalties?
pay a deposit? expect a tip?
demand a ransom? go bankrupt?
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?
…
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.
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 stolen from 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?
Do the vocabulary exercises after the texts.
The Aristocrat
LADY CHRYSSIE COBBOLD, 58, lives in Knebworth House, Hertfordshire, the family home of her husband David, 60, a financier. They have four grown-up children.
'Knebworth House is run as a business but it doesn't make enough money to pay us. I have no regular salary. I never really spend money because I don't have it and I'm not bothered about clothes. I spend about £2,000 a year on them. There have been moments when we thought we might have to sell the house, but now I think there'll be enough money for the next generation to keep the house, but they won't inherit much more than that.
Money is the only thing my husband and I row about. I'm always worrying about money. I don't believe one should spend what one hasn't got. My husband likes having parties, going to restaurants, having guests for the weekend. In summer we'll have up to 16 people at weekends. They're usually quite good and they'll bring a bottle of wine, but they still have to be fed.
We always do our own repairs to the house or we'll put a bucket out to catch the leaks if we can't. I'll go to any lengths to save money. I'll put up wallpaper, do all the painting, make curtains and upholstery. As a child I used to get only 5p a week pocket money and I'd do anything to get more money. I'd even pick bunches of flowers from our garden and sell them to the local funeral parlour.
If you have a big house, people think you must be well off, but it just isn't true.'
3b) Give synonyms to the following words in bold: run a business, make money, row, well off, pocket money, inherit
The Divorced Mum
ANGIE CROSS, 27, has four children, aged from 5 to 10. She lives in Frinton-on-Sea in Essex. She gets £585 a month state benefit and also works as a part-time barmaid for £21 a week. 'Money's been tight since I split up from my husband four years ago. The kids always come first, but special occasions for them are rare. They're lucky if we go to McDonald's once a month. All their school uniforms are second-hand. When I was a kid I used to get lots of treats. I'd go riding and I used to have piano lessons. I feel dreadful not being able to give my kids the things I had. Every month I work out exactly what has to be paid and what can wait. I have to be very careful with money, and that doesn't come easily because by nature I'm very extravagant. My biggest extravagance now is a packet of ten cigarettes.
My monthly food bill comes to about £350, and towards the end of the month we have beans on toast three nights out of seven. I usually make the kids a packed lunch for school, but occasionally I don't have enough food to make one, so I tell the kids to have a school dinner and say they've forgotten their dinner money. It's not really telling lies because I'll always pay as soon as I can.
I get very depressed and I frequently sit down and cry. Some- times I'll go wild and buy something just to cheer myself up, but I always regret it. I once spent £30 on some clothes but I felt really guilty. What I want more than anything else is a holiday and new shoes for the kids. Who knows? I might win the lottery!'