"Learning another language is not only learning different words for the same things, but learning another way to think about things."

Flora Lewis

Money and Finance

    

 

Read the proverbs and sayings about money and find out what they mean:

  • A good name is better than riches - Your good reputation is worth more than money.
  • Money doesn't grow on trees - It's not easy to get money. We have to work hard to make money. We can't just walk around and pick it like fruit from the trees.
  • Money makes money - If you have money, you can use it to get more money through investment.
  • Neither a borrower nor a lender be - Do not borrow things. Do not lend things.

Which of them do you adgree/diagree? Why?

Read the following saying and explain the way you understand it: There are some things that money just can't buy

A Suggested Vocabulary list:

  • expenditure (n) - витрати
  • refund (n) - повернена сума грошей, відшкодування, компенсація
  • bank statement (n) - повідомлення з банку
  • balance (n) - баланс на рахунку, залишок
  • loan (n) - позика
  • mortgage (n) - іпотека, застава
  • invoice = bill (n) - рахунок-фактура
  • receipt (n) - чек
  • stocks (n)- акції
  • overdraft (n) - перевищення кредиту в банку
  • cost of living - рівень (вартість) життя=прожитковий мінімум
  • interest (n) - відсоток (%)
  • reductions (n) - знижки
  • overpriced (adj) - із завищеною ціною
  • exorbitant (adj) - надмірної вартості
  • insolvent (adj) - неплатоспроможний
  • extravagant (adj) - марнотратна людина, транжира
  • economical=frugal - економна людина
  • to make a profit - отримувати прибуток
  • to lose - втрачати гроші
  • to buy on credit - купувати в кредит
  • to pick up a bargain - вигідно придбати щось
  • to economize - економити
  • to be in red - вийти в мінус - мати менше грошей на кредитці, ніж ви поклали = зайти в кредит
  • to deposit money in an account = to credit an account = put money into the account - класти гроші на рахунок
  • to withdraw money = debit an account - take money out of the account - знімати гроші з рахунку
  • savings and loan association - заощаджуюча асосіація

Mind the prepositions:

  • at a bank
  • on credit

 Learn more words on the related topic here: Business and Marketing

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