Per-level Intermediate: Saving, investing, and personal finance (Review)

PART A_1

In this lesson, you will be able to:
learn words when talking about saving, investing, and personal finance
express your opinions about specific topics

PART B_1

Please study the picture below. Then, describe it in as much detail as you can.

PART B_2

saving--investing--and-personal-finance---zel-highres (2)

Answer:
.

PART B_3

Now, let me ask you a question about the picture.

PART B_4

1. Why is the man handing money to the woman in counter 3?
Answer:

PART B_5

Now, let us review your answers.
(Please review your student’s answers by sending the correct answers in complete sentences. After that, ask your student to read aloud his or her corrected answers.)
ANSWERS
1. He is handing money to the woman because he wants to open a savings account.

PART B_6

Choose the correct meaning of the underlined word in each sentence.

PART B_7

1. The economy is growing fast.
a. [noun] something on sale at a lower price than its true value
b. [noun] a person whose job is to receive and pay out money
c. [noun] the system by which a country produces and uses goods and money
2. His credit record is good.
a. [noun] money on one’s bank account
b. [noun] an amount of money saved, collected, or provided for a particular purpose
c. [noun] a helpful or good effect
3. They want to invest three million dollars in the new project.
a. [verb] to secretly collect a lot of money or objects
b. [adjective] to the largest degree possible
c. [verb] putting money into something to make a profit
4. She makes a huge profit by teaching photography.
a. [noun] money that people use to start a business
b. [noun] money earned from selling goods and services
c. [noun] a place, especially a large building, for storing things
5. We purchased the concert tickets one month in advance.
a. [noun] something that you buy
b. [verb] to give something to someone else in return for money
c. [noun] money saved in a bank

PART B_8

Now, let us review your answers.
(Please review your student’s answers by sending the correct answers in complete sentences. After that, ask your student to read aloud his or her corrected answers.)
ANSWERS
1. c. [noun] the system by which a country produces and uses goods and money
2. a. [noun] money on one’s bank account
3. c. [verb] putting money into something to make a profit
4. b. [noun] money earned from selling goods and services
5. a. [noun] something that you buy

PART C_1

Please construct your own sentences using the following words.

PART C_2

1. purchase Answer: .
2. economy Answer: .
3. profit Answer: .
4. invest Answer: .
5. credit Answer: .

PART C_3

Now, let us review your answers.
(Please review your student’s answers by sending the correct answers in complete sentences. After that, ask your student to read aloud his or her corrected answers.)

PART D_1

Please complete each sentence by choosing the correct answer in the box below.

PART D_2

credit purchase profit
invest economy debit
1. He ____________ money in real estate.
2. A decrease in tourism may have a serious effect on the ____________.
3. He sold his car at a huge ____________.
4. An insurance is needed when ____________ a house.
5. I currently don’t have enough ____________.

PART D_3

Now, let us review your answers.
(Please review your student’s answers by sending the correct answers in complete sentences. After that, ask your student to read aloud his or her corrected answers.)
ANSWERS
1. He invested money in real estate.
2. A decrease in tourism may have a serious effect on the economy.
3. He sold his car at a huge profit.
4. An insurance is needed when purchasing a house.
5. I currently don’t have enough credit.

PART E_1

Let’s talk. Please answer the questions by stating your opinions.

PART E_2

1. Some people say that it is good to do the things that you want because you can always save money. What do you think about that?
Answer:
2. People should start investing at a young age. Do you agree or disagree?
Answer:

PART F_1

Now, I will ask you the following questions. You may ask questions, too.

PART F_2

1. How important is saving money?
Answer:
2. Do you think saving money at a bank is safe?
Answer:
3. What do you think are the advantages of saving?
Answer:
4. Do you think everyone should invest their money on something?
Answer:
5. What do you think are the advantages of investing money?
Answer:
6. What do you think are the disadvantages of investing money?
Answer:
7. Do you think that it is better to purchase items in cash?
Answer: