Expert Conversation: Money and Budgeting

WARM UP

Let’s read the dialogue. I will be Sam and you will be Alice. After reading it once, we’ll switch roles.

READ

May I borrow 500 bucks, sister? I need to have my car serviced.
Sure. Let me get my wallet. Here.

Thank you so much! You’re a lifesaver. I left my wallet at Aunt Nelly’s house. I was hoping to get it today, but my car won’t start.
It’s alright. I understand. Just be sure to return the money by next week. I’m on a strict budget these days.

Strict budget? I thought you’re getting paid well on your job.
Yes, I am. I’m just saving up for a room renovation, is all.

CONVERSATION

Let’s talk. Please answer my questions. You may ask me questions, too.

ANSWER

1. Do you think it’s wise to own two or more credit cards?
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2. What’s the first thing you will do/buy if you were given one million US dollars?
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3. What do you think are the best ways to prepare for one’s retirement?
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4. What is the most expensive thing you’ve ever bought without much thought?
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5. Imagine you earned a lot of money, where would you use it for and why?
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6. Which is more important, the price or the quality of the goods?
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7. If you were to remove some expenses in your budget, what would it be?
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8. What can you advice to people who are over-spending money?
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9. Name other ways in saving money without depriving yourself.
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10. What do you think will happen if majority of people are over-spending money?
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