PART ONE: SPEAKING.

TASK ONE:

Match the words with the pictures.

a bank account.
a banknote.
a bill (US)
a cash machine.
a cash register.
a cent.
change.
a chequebook (UK)
a checkbook (US)
coins.
a credit card.
currency.
a dime.
the exchange rate.
to flip / toss a coin.
heads or tails ?
to pay cash.
a penny.
two pence.
a piggy bank.
a purse.
a quarter.
a safe.
the stock exchange.
a wallet.
write a cheque (UK).
write a check (US).

TASK TWO:

AFFORD

Match the following verbs with their definition.

to give somebody money for work,

goods, services, etc.

to obtain something by paying money

for it.

to take money from a person or bank

and agree to pay it back to them at a
later time.

to get money as the result of a game.

to keep money instead of spending it,

especially in order to buy a particular
thing.

to have enough money to be able to

buy something.

to give money to somebody on

condition that they pay it back over a
period of time and pay interest on it.

to give money to pay for goods,

services, etc.

to get money for work that you do.

to have to pay somebody for

something that you have already
received or return money that you
have borrowed.

This verb refers to the amount of

money you need to pay in order to
buy a particular product.

BORROW

BUY

COST

EARN

LEND

OWE

PAY

SAVE

SPEND

WIN

TASK THREE:

Talk about MONEY and YOU.

You can write down a few notes (not whole sentences):

No inspiration? Here are some questions to guide you!

Do your parents give you an allowance? (= Do you get pocket money?) How much do you get?
What do you spend your money on?
What do you spend most of your money on?
Are you good at saving money?
Are you saving money right now to buy something expensive that you really want to have
When you buy something, do you "shop around" and go to many stores to compare prices?
What was the last thing you spent money on?
What is the next "big" thing you are going to buy?
What is the most expensive thing you've ever bought?
What would you love to buy but you can't afford?
Have you ever found a banknote?
Have you ever lent money to someone? Who? What did he/she need the money for?
Have you ever borrowed money from someone? Who? What did you need the money for?
Do you play the lottery? slot machines?
Have you or your family ever won any money in a lottery?
If you found 500 euros in a wallet on the street, what would you do? Would you keep it or go to
the nearest police station?

PART TWO: LISTENING.

Recording 1: The Faces of US Money.
Match each American bill (banknote) with the name of the person you can see on it.
Then, match each name with the right biography.

ONE
DOLLAR
BILL

FIVE
DOLLAR
BILL

TEN
DOLLAR
BILL
TWENTY
DOLLAR
BILL
FIFTY
DOLLAR
BILL
HUNDRED
DOLLAR
BILL

ALEXANDER
HAMILTON

ULYSSES S.
GRANT

GEORGE
WASHINGTON

ABRAHAM
LINCOLN

BENJAMIN
FRANKLIN

ANDREW
JACKSON

the general of the

Northern Army during
the Civil War.
the president after the
Civil War.

the president during

the Civil War.
was assassinated.

a famous lawyer.
He was in control of
printing the money.
was never president
of the United States!

had many inventions

and
ideas
about
science,
literature,
and politics.
was never president
of the United States!

a very tough (= strong

enough to deal with
difficult conditions or
situations) president.

a general in the army.

the first president of
the United States.

Recording 2: What do they waste money on?

Listen to Barbara, Jeannie, Mark, Todd, Naomi, and Jeyong, and fill in the following grid.

WHAT THEY
WASTE THEIR
MONEY ON

WHY? / OTHER INFORMATION

Barbara
(Australia)

Jeannie
(United States)

Mark
(United States)

Todd
(United States)

Naomi
(Australia)

Jeyong
(Korea)

What about YOU? What do you waste your money on? (Why?)
____________________________________________________________________________
____________________________________________________________________________

PART THREE: READING.

Teaching Children About Money
Many parents give their children small amounts of money each week called allowances. Some
parents ask their children to do work around the house to earn the money. Having this small income
helps children learn about the cost of goods and the value of money. It also helps them learn what it is
like to have a job and earn money for doing it well. Many parents give their smaller children "piggy
banks." Children collect their coins in these containers and learn about saving money.
Suze Orman is a well-known American financial expert. She gives advice about money on
television and in her articles and books. She suggests that parents set clear limits with their children
when shopping. And she says parents should explain where their money comes from to show children
the value of working and earning money. Miz Orman also says it is important for parents to show their
children how they pay for living expenses such as energy, telephone and water each month. This will
help the child understand what it costs to live. And, she suggests teaching young adults about credit
cards and the dangers of owing too much money.
Christy Levings has taught elementary school children in the state of Kansas for over thirty years.
Her money lessons include teaching students about financial centers like the Federal Reserve Bank in
Kansas City. She also helps her students create imaginary businesses. She gives the children an
amount of money for wages. She helps them imagine what it would be like to run a business and plan a
budget. She also advises her students to have good habits like counting their change when they make a
purchase.
Christy Levings says many students have asked their teachers questions about the current
financial crisis. She says children hear their parents talk about the failing economy. She says the role of
teachers is to be calm and supportive. Miz Levings says teachers are telling students that Americans
must make careful choices and help each other during this difficult economic period.

Adapted from http://www.voanews.com/specialenglish/2008-10-23-voa1.cfm

Q. 1

VOCABULARY.

Paragraph 1:
Find a NOUN meaning a quantity. This noun is _________________.
Find a NOUN meaning a salary. This noun is _________________.
Find a NOUN meaning products. This noun is _________________.

Paragraph 2:
Find an ADJECTIVE meaning famous. This adjective is _________________.
Find a NOUN meaning things that makes you spend money.
This noun is ________________.

Paragraph 3:
Find a NOUN meaning a salary. This noun is _________________.
Find a VERB meaning to manage. This verb is _________________.

Paragraph 4:
Find an ADJECTIVE meaning happening now, of the present time.
This adjective is _________________.

Find a VERB (present participle) meaning not to be successful.

This verb is ______.
Find an ADJECTIVE meaning prudent. This adjective is _________________.
Q. 2

True or False? Justify by quoting the text.

a. Many parents give their children a lot of money.
True.
False.
____________________________________________________________________
b. Some children have to do something to get some money.
True.
False.
____________________________________________________________________
c. According to Suze Norman, parents should not say anything about what their children
buy.
True.
False.
____________________________________________________________________
d. Christy Levings uses role play to teach her students about money.
True.
False.
____________________________________________________________________

Q. 3

Make a list of the advantages of teaching children about money.

_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________

Q. 4

Make a list of the advice given to parents and children in the article.
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________
_______________________________________________________________________

PART FOUR: WRITING.

Choose one of the following subjects.
1) Do you systematically associate success with money?
2) What would you do with 1,000,000 euros / dollars / pounds?
3) You have to choose between Love but no money and Money but no love. Which one do
you choose? Why?
4) Some people say that "money makes the world go around." Do you agree? Why or why not?
5) Should parents give a credit card to teenagers?
6) Money is the only criterion to measure success. Discuss.
I chose subject N___.
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________

PART TWO: LISTENING.

Recording 1: The Faces of US Money.
http://www.elllo.org/english/Points/PT02-Money.html
OK, most people are probably familiar with American money, but maybe not the faces of the money, so
let's meet the faces of the U.S. monetary system.
One Dollar Bill
First up, on the one dollar bill is George Washington. George washington was the first president of the
United States, so fittingly he is on the one dollar bill. Before being president, he was a general in the
army.
Five Dollar Bill
OK, next up - Abraham Lincoln. Abraham Lincoln is famous for being the president during the American
civil war, and during the civil war the North and South of the country fought and Lincoln was the
president. A big issue at that time was slavery, and also Lincoln is famous for being assassinated. He
was killed when he was president.
Ten Dollar Bill
OK, on the ten dollar bill is Alexander Hamilton. He was never president of the United States. He was a
very famous lawyer and he wrote many influential papers which helped found the country. He was also
the first Secretary of the Treasury, which is in control of printing the money, so maybe that's why his face
is on the ten dollar bill.
Twenty Dollar Bill
OK, next, on the twenty dollar bill is Andrew Jackson. Andrew Jackson was a very tough president. He is
known for being very tough and being in battle and being a prisoner of war. He once had somebody try
to kill him when he was president but he survived. Basically people just remember him as being very
tough.
Fifty Dollar Bill
OK, on the fifty dollar bill is Ulysses S. Grant. He was president after the Civil War. He was the general of
the Northern Army, which won the war, and similar to Washington, after he won a major war he was
rewarded by becoming president.
Hundred Dollar Bill
OK, next we have the hundred dollar bill. Now the hundred dollar bill has Benjamin Franklin, and like
Alexander Hamilton, Franklin was never president, but he was very smart and he had many inventions
and ideas about science and literature and politics so he is known for many famous ideas for his time
and so he is on the hundred dollar bill.
OK, that's it. Those are the faces of the American money system. What about your country? Who are the
faces of the money where you live?

Recording 2: What do they waste money on?

http://www.elllo.org/english/Mixer/31-WasteMoney.html
Barbara, Australia
Something that I waste money on would probably be books. I always buy books. I love reading. It's
terrible if I'm stuck on the train or waiting for something and I don't have something to read so I tend to
buy a lot of books, novels, a few magazines, reader's digest and also I waste a lot of money on shampoo
because I have long hair and I have to wash my face every day. That's a big pain.

Jeannie, United States

Something that I waste money on, for me this would be jewelry. I often spend too much money on
jewelry because shiny things really attract me. If I'm shopping somewhere and there's something flashy
shining at me I usually stop and look and often times the salesperson can get me to buy. Another thing,
might be books but I don't know so much if that is a waste or not.
Mark, United States
Ah, I waste money on, I guess mostly on going out, like whether it's going to restaurants or, I don't really
go to clubs or anything, but, yeah, I just spend money on temporary things. I don't actually buy a lot of
objects like a stereo or a CD, or anything like that, I just spend money on going out with my friends, and
just food and drinks basically.
Todd, United States
Something that I waste money on is DVDs. I'm always buying DVDs and I'll be in some electronics, like
store, and I'll see a new DVD and I'll buy it rather than just go to the video store and rent it. I don't know
why but I like to buy the DVD when it has the special stuff on the back, but still, it's pretty expensive
when you think about it, so, yeah, I waste way too much money on DVDs.
Naomi, Australia
Something I waste money on often is clothes shopping. I guess because I'm a girl to start with shopping
is always a fun pastime and I find it relaxing, actually I call it shopping therapy to go and buy some new
clothes often buy myself, I go shopping but shopping is something I spend or waste money on.
Jeyong, Korea
I usually don't spend that much money on anything but then if there's something I waste money it would
be food. I like desserts, especially ice cream so when I go out for dinner I would definitely have a dessert
afterwards and cakes, candies, chocolates, all those things, I spend money on.

PART THREE: READING.

Q. 1

Paragraph 1: an amount an income goods.

Paragraph 2: well-known expenses.
Paragraph 3: a wage (wages) to run.
Paragraph 4: current failing careful.

Q. 2

a. False. (Many parents give their children small amounts of money each week)
b. True. (Some parents ask their children to do work around the house to earn the
money)
c. False. (She suggests that parents set clear limits with their children when shopping)
d. True. (She also helps her students create imaginary businesses., She helps them
imagine what it would be like to run a business and plan a budget .)

Q. 3

List of the advantages of teaching children about money:

- Children learn the cost of goods and the value of money.
- They learn what it means to have a job and do it well.
- Children learn how to save.
- Children learn how to manage a budget / learn the cost of living.
- Children learn about the danger of going into debt (the dangers of owing too much
money)

Q. 4

List of the advice given to parents and children in the article:

- Parents should set clear limits with their children when shopping.
- Parents should explain where their money comes from.
- Parents should show their children how they pay for living expenses.
- Children should always count their change when they buy something.
- Students should make careful choices during an economic crisis and help each other.