PRE-LISTENING Essential vocabulary for this lesson. Use the dictionary to check for other meanings and pronunciation:
living beyond their means vivere oltre i propri mezzi
foreclosure / to foreclose pignoramento
perfect storm tempesta perfetta
to cut back ridurre
“cutting back to bare bones” ridurre al massimo
unemployment benefits indennità di disoccupazione
to lay off / to get laid off licenziare / essere licenziato
to stash cash mettere da parte contanti
to pay off / to pay down ripagare / pagare le rate
severance pay trattamento di fine rapporto
emergency fund fondo di emergenza
to owe dovere
VIDEO Now watch this old programme (from the last crisis!).
NOW ANSWER THE FOLLOWING QUESTIONS:
1. What mistakes did the first couple make?
2. What should you do if you lose your job, get severance pay, but still have credit card debt?
3. What cutbacks does Suze advise?
4. What do they say about cash in times of crisis?
5. "One man’s spending is another man’s income.” Is Suze's advice really responsible? Wouldn't everyone stopping spending cause a worse recession?
6. Is this programme trashy TV or does it serve some kind of purpose?
7. What advice would you give?
8. Is it hypocritical and sickening to see multi-billionaire Oprah trying to help out poor people?
9. Who is Oprah Winfrey?
10. What other useful advice do they give? What other advice would you add?
CLASSROOM DISCUSSION TOPICS
What is the correct pronunciation of the following terms?
money debt loan wages budget salary to owe to own euro dollar pound
Now explain what they all mean.
Explain the meaning of the following vocabulary too:
assets liabilities currencies subsidy grants instalment income
Are you rich or poor? Why aren’t you a millionaire?
Do you know any success stories of people who have made a lot of money in a short space of time?
What qualities does it take to become a millionaire?
Does your philosophy involve making a steady income over a long period of time or getting rich quick?
Have you got any good ideas for how a person could ‘make a packet’ in your city?
Do you think that too many people are obsessed with money these days?
Are you obsessed? How much importance do you give it?
Does money make people happier?
Is money the new religion?
What is the difference between ‘to get paid’ and ‘to charge’?
Have you ever been badly in debt?
What is your advice for surviving times of economic hardship or unemployment?
Do banks offer a genuinely good service?
What’s the difference between ‘creative accounting’ and ‘cheating’?
‘In debt and living like a prince’ or ‘in credit and living like a pauper’. Which is best?
Can a person be satisfied with the money that they have?
Is it good to wake up in the morning and think about money straight away?
Some banking terms:
overdraft credit interest rate to lend to borrow to deposit to withdraw standing order bankrupt bank statement
What is your opinion about the following?
Credit cards; Are they a rip-off?
Pension plans; Are they worth having?
Social security; Should the government give so much to the poor?
Pocket money; Youngsters have too much money these days.
If you had large amounts of money what would you invest it in?
Which would you use with the following expressions? DO or MAKE?
Which of the following people have money?
‘He’s got money to burn.’
‘Terry’s hard up.’
‘She’s rolling in it.’
‘They’re very well-off.’
‘Mrs. Miggins is completely broke.’
‘The company is out of pocket.’
‘That awful Smith family are living from hand to mouth.’
‘Dave and me are skint.’
‘My ex-girlfriend was loaded.’ (ASK YOUR TEACHER FOR THE ANSWERS)
What are the keys to good personal financial management? What advice would you give to your children?
How good are you at managing your money?
Do you save money and plan for the future, or do you live for the day?
Can you think of any good ways of saving money?
What do you usually spend your money on?
What things do your friends and family spend on that you consider a complete waste of money?
How many pairs of shoes do you have? How many handbags have you got? Don’t you think that’s too many?
Which of the following statements do you agree with and why?
‘Women spend far more money on rubbish than men.’
‘Banks are a bunch of criminals and mafiosos. You’d be better off leaving your money in cash under the bed.’
‘If you want to make money in this life, you have to do something immoral, underhand or illegal.’
‘Business is business. And the only moral obligation of business is to make profit.’
‘We are lucky enough to live in a wealthy country but most people are unhappy. Most of the world live on less than €2 a day and are much happier.’
‘Welfare should be stopped completely, or made extremely difficult to get like in the US. Too many people live off the state.’
‘Money is the root of all evil.’
‘They say that money talks.’ ‘The only thing it ever said to me was “Goodbye!”’
NEW SPECIAL DISCOUNTS FOR GROUP CLASSES!
Hi future student and welcome back to our English students from the past!
This is our new price list for classes in 2021 (and new classes from October 2020).
As many of you will notice it is almost exactly the same, as we haven't really raised prices in 10 years. If fact, we have NEW SPECIAL DISCOUNTS FOR GROUP CLASSES............
Ciao futuro studente e bentornato ai nostri studenti di inglesi del passato!
Questo è il nostro nuovo listino prezzi per le classi nel 2021.
Come molti noteranno, è quasi esattamente lo stesso, dato che non aumentiamo i prezzi in 10 anni. Infatti, abbiamo NUOVI SCONTI SPECIALI PER LEZIONI DI GRUPPO ............
FOR MORE INFORMATION: email@example.com
€22 Pacchetto 10 ore
€20 Pacchetto 20 ore
€18 Pacchetto 30 ore
€16 Pacchetto 50 ore
Gruppi (2-4 persone)
€25 Pacchetto 10 ore
€23 Pacchetto 20 ore
€20 Pacchetto 30 ore
€19 Pacchetto 50 ore
(prezzo orario condiviso tra i studenti)
(hourly price shared by the number of students)
As a consequence of the COVID 19 Coronavirus outbreak, we are doing all classes on Skype, Zoom or by telephone. The price list stays the same.
Why not share a lesson (and the price) with a group of your friends on a Skype group call?
SMS or Whatsapp for more details. We can't wait to meet you!
Come conseguenza dell'epidemia di Coronavirus COVID 19, stiamo facendo tutte le lezioni su Skype o per telefono. Il listino prezzi rimane lo stesso.
Perché non condividere una lezione (e il prezzo) con un gruppo di amici su una chiamata di gruppo Skype?
SMS o Whatsapp per maggiori dettagli. Non vediamo l'ora di incontrarti!
LEARN ENGLISH ON SKYPE OR TELEPHONE WITH THE REAL ZAK WASHINGTON!
Skype handle Learn English with Zak Washington
Prices (Area Lombardy, Italy / Ticino, Switzerland) from 15 euros per hour.
(International) 25 euros payable in advance only. See the flyer above for full details
Free video tutorial!
Check out our Zak Washington English learners' instruction video (released every two weeks on Youtube):