1.
1st
Form Lesson 7 : Teanagers and Money Mrs. Wassila Lajnef
1- Defenitions
Match the words below with the correct definitions. pocket money / cash/ change/ wages / salary
1. money in notes and coins ………………….
2. money you get back when you buy something ………………….
3. money you get paid every year for working ………………….
4. money you get paid for doing a job ……………..……
5. money parents give their children …………..………
2- All of these words can be used with “money”. Complete each gap with the correct word.
1. If you work, you ____________________ money.
2. If you go shopping, you _______________________ money.
3. If you buy something, you __________for it with cash or a credit card.
4. If you don’t use your money carefully, you _____________ it.
5. If you haven’t got enough money, you ___________ it from friends or from the bank.
6. If you want to _____________money, you put it in the bank, or you ____________it in a
company, and hope the company is successful
……………………………..+ money = Collocations about money
pay
spend
waste
invest
earn
save
borrow
lend
If + ……….+ ………………………………tense → Subject+ ………………………tense
→ Expressing……………………………………
About Money
Most teenagers do not understand the importance of money. They also do not understand the amount of
money that is required to live a normal life. This occurs for a very simple reason—parents provide teenagers
with everything. Teenagers, therefore, live in a dream world. The moment you exit this dream world and
have to live life yourself, your opinions about money will change dramatically.
Money talks
I can live without money, but I cannot live without love.
Money is a terrible master but an excellent servant.
The man who has no money is poor, but one who has nothing but money is poorer.
Men make counterfeit money; in many more cases, money makes counterfeit men.
A boxer makes a comeback for two reasons: either he's broke or he needs the money.
Wealthy people and poor people can both be virtuous.
Money is insignificant.
Money is the most important thing in the world.
The way a person handles money indicates his or her general character.

2.
Song Lyrics Money Rules
what opens doors for you in the restaurants
what makes you realize your dreams
what let´s you buy cars and cars one for every day
just what you really need you can´t pay
money rules let´s buy the world
money rules let´s rule the world
money rules forget the world
money rules let´s crack the world
what makes the movie beauties smile at you
what makes your bogies shine like gold
what makes your doctor be your best friend
when you visit him
what makes the bank-clerks smile and sing
and they sing:
money rules let´s buy the world
money rules let´s rule the world
money rules forget the world
money rules let´s crack the world
Rich man / Poor man : There are lots of ways to describe how rich or poor someone is. Here are a few -
from very rich to very poor.
filthy rich / stinking rich
/ rolling in it / wealthy /
rich / prosperous /
affluent / well off
poor / impoverished /
penniless/ poverty-
stricken / destitute /
broke / hard-up / needy /
skint / brassic
Do you like to share your money, or do you keep it all to yourself?
-If you gladly share your money you are:- charitable - generous - sharing – unselfish
-If you keep all your money you may be considered:- mean - miserly - selfish - stingy - tight - uncharitable -
ungenerous
1. POCKET MONEY: Walk around the class and talk to other students about pocket money. Change
partners often. Sit with your first partner(s) and share your findings.
2. CHAT: In pairs / groups, decide which of these topics or words from the article are most interesting .
3. PART-TIME JOBS:
Students A strongly believe kids should get money from part-time jobs, not their parents;
Students B strongly believe kids shouldn’t work - parents should give them money.
4. You are …. (age). How do you use your pocket money? Rank these and share your rankings with your
partner. Put the most important at the top.
 CDs
 chocolate and sweets
 computer games
 save
 food
 school stuff
 presents
 clothes

3.
Ways of paying
cash →
bank(s) cash box(es) cash machine(s) / ATM(s)
cheque book(s) coin(s) note(s)
safe(s)
piggy bank(s) purse(s)
$ = Dollar € = Euro ¥ = Yen →
£ = Pound (Sterling)
cheque(s) creditcard

4.
CROSSWORD PUZZLES MONEY
Across Down
1 obtain money that you must pay back
5 a place for money at the bank
7 use money to make interest or profit
9 receive money in exchange for work
10 be in debt
11 coins or notes
13 money earned monthly or annually
16 a piece of metal used as money
17 total money received
2 spend carelessly
3 money used in a country
4 a place to keep valuables
6 small amount given for services
7 receive from a person who dies
8 money that you must return
12 keep money for future use
14 give money which will be returned
15 obtain money by chance
BEFORE LISTENING / SPEAKING and READING:
Harry Potter star Emma Watson still gets a monthly allowance from her dad
– despite being worth an estimated £10 million.
The actress says her dad insists on giving her money – and while she may
not need it, it makes her feel normal.
'He still gives me a monthly allowance,' she tells Digital Spy.
‘He insists. And to be honest, I appreciate that. It makes me feel more
normal.' The 17-year-old is not allowed to touch her fortune until she’s 21.
‘[Dad] really helps me because he doesn't want me to live this completely
different, crazy life. I'm not spoilt.’ Also
Prateik Babbar is making more money than most guys of his age, but his
aunt Manya Patil says that he still gets the same pocket money at home that
he did before he became an actor with the hit film 'Jaane Tu... Ya Jaane Na'.
"Though Prateik's life as a professional has changed and he's making quite
a lot of money, at home we haven't allowed him to acquire any outward
signs of his new status. So yes, Prateik still gets the same pocket money
that he used to before he became a star," said Manya.

5.
1. Read say if you are For (F) or Against (A).
a. Children in the Tunisia need bigger pockets for their pocket money. A / F
b. Tunisian teens are the poorest they have ever been. A / F
c. You are getting 30% less now than last year. A / F
d. Girls in Tunisia. get more pocket money than boys. A / F
e. A bank said kids are managing to do well with managing their money. A / F
f. Tunisian kids are saving, even though they have little money. A / F
h. A Tunisian teen said he needed 1 year to save for a computer . A / F
Let’s discuss
b) Does pocket money teach children to be good at managing finances?
c) Do you think you have enough pocket money as a teenager?
Do you find it hard to make ends meet?
d) Should kids have to do something in return for getting pocket money?
e) When was the last time you felt your pocket was menaced?
f) Do you remember any bad family financial period that made you lose it?
Is it OK to stop giving pocket money to kids if times are tough?
g) From what age do you think children should start receiving pocket money?
h) Do you think kids complain about their pocket money?
What would you do with more pocket money?
i) What do you think of the amount of weekly pocket money you’re given?
j) Are you saving up for anything at the moment?
k) Should kids put something away for a rainy day or spend everything?
l) Are you good at managing money?
m) Are you good at putting money away for a rainy day?
n) When do you think the idea of pocket money first came along?
READING / REACTING
My 6 year old son has a tuck shop at his school and now and then he asks me for money to buy a treat at
lunch time. Once in a while I oblige. On the days that I don't think it is necessary, he tells me that his friends
all get pocket money and that they don't have to ask their parents for money to buy things at the tuck shop,
they just use their pocket money when they want for what they want. So, how old is old enough to get
pocket money?
In my books, it is probably somewhere around age 10 and should be well monitored so that it is not used for
tuck shop, but for more useful expenditures like giving to charity, or saving up for something bigger than
one week's pocket can afford, but I'm interested to hear other peoples points of view on this.
Does getting pocket money teach children the value of money? and from what age can this lesson be taught
with confidence that the message is getting through?
Who is the writer? What does she complain about?
What is she wondering about? What’s her personal point of view? Do you agree with her?
POSSIBLE ANSWER: No, I don’t think so. The value of money can only be learned from real life
experience of earning, saving and spending it properly. I don't think any amount of parental talking about
money value can really get through, until our children start living on their own and by their own means.
Equally, they'll be able to fully understand and appreciate the act of giving and sharing only when they give
away what they've earned themselves. Until then, I guess we can give them pocket money as soon as they
are capable of explaining themselves in a shop, but should not expect too much understanding or
appreciation. It's becoming very popular to pay kids some pocket money for doing domestic chores, in order
to teach them the value of money, but personally I would be very much against introducing this sort of
commercial transactions into my own family life. To me, it somehow weaken what the family is all about.

6.
P CROSSWORD PUZZLES MONEY (solution)

7.
Money: The words below are some of the most important used when talking about Money
Banking
Account
bankrupt
budget
cash
cashier
check
traveler's check
credit (card)
currency
debt
deposit
investment
loan
mortgage
savings
Other Words
profit
property
worth
worthless
Giving
collection
donate
donation
fee
fine
grant
inheritance
pension
pocket money
rent
scholarship
tip=winnings
Verbs
borrow lend
go up / down
make ends
meet
pay back
pay into
put down
put towards
inherit
run out
save up
take out
invest
owe
pay
save
withdraw
Earning
bonus
earn
earnings
income
gross income
net income
rise
salary
wage
Adjectives
Affluent= well off
broke
generous
mean= stingy
poor= needy
prosperous
rich = wealthy
Buying
bargain
bill
cost
expense
price
purchase
purse
receipt
reduction
refund
spend
wallet
Dialogue
Here is a conversation between Mrs Smith (Joan) and the cashier at her new bank.
It's Saturday morning and Joan's gone to the bank.
Joan I'd like to open a bank account, please.
Cashier Certainly. Do you have some form of identification?
Joan Yes, I bought my passport. Is that OK.
Cashier
Yes. We also need proof of your current address. Do you have a utility bill or your driver's licence
with you?
Joan I've got my driver's licence.
Cashier What kind of account did you want?
Joan Well I want a deposit account and a savings account.
Cashier That's fine, we do both. Do you have any proof of income?
Joan Yes, I bought my pay slips for the last three months.
Cashier Good. You could also apply for a credit card at the same time, if you like.
Joan Yes, that would be great.
Cashier OK. If you would just like to fill out these forms...

8.
Money
Eenter letters in the crossword puzzle
1 2
3
4
5 6 7
8
9
10
11
Across
1. Can I ___ $5.00? I'll pay you back tomorrow.
3. Who will ___ the hotel bill?
7. I don't have any ___ with me. Can I use my check?
8. May I see your ___ card?
9. How much interest does the bank charge on a ___?
10. A dime is a ten-cent ___.
11. You should keep your ___ and jewelry in the bank.
Down
2. It's the opposite of deposit
3. After a month's work, do you get a large ___?
4. I'm in the red. I must have miscalculated my ___.
5. Sorry. No ___, no refund.
6. Dad, can you lend me a dollar ___?
B O R R O W
P A Y I
A B T
Y R B C A S H
C R E D I T L D
H C L A R
E E L O A N A
C O I N C W
K P M O N E Y
T

9.
WHILE READING / LISTENING
GAP FILL: Put the words into the gaps in the text.
Children in Britain are feeling the ____________ of the recession.
The weak economy is hitting them where it hurts most – their
pockets. A new survey has ____________ that the weekly money
that children receive from their parents is at a seven-year
____________. The report, from the Halifax Bank, ____________
the allowance kids get from their parents is now 30 per cent lower
than it was in 2003. Today, children between the ages of eight and
15 receive an ____________ of £5.89 ($9.20). This compares
unfavourably with the £8.37 ($13.07) they were getting five years
ago, when pocket money levels ____________. The report also
showed that girls were ____________ off than boys. Boys still
receive more money than girls, but the gender ____________ in
spending money has closed considerably compared with previous
years.
peaked
indicates
gap
shown
worse
effects
average
low
Children seem to be ____________ well with their worsening
economic conditions. The Halifax Bank says children are managing
to put money away for a ____________ day. Flavia Umana, head of
savings products at Halifax, told the BBC: "It is encouraging to see
that children are still saving, ____________ the amount of pocket
money falling.” Ms Umana added: "Teaching children how to
____________ their own pocket money is a great first
____________ to building good financial awareness in our
youngsters." British kids said they were finding it hard to make ends
____________. Alec Flynn, 14, from London spoke about how tough
he found stretching his pocket money: “It‟s not easy trying to
____________ on so little money. I only get £5 a week from my
parents; it takes me three months to save ____________ for a
computer game.”
meet
despite
up
step
rainy
coping
budget
manage
LISTENING – Listen and fill in the gaps
Children in Britain are _______________________ the recession. The weak economy
is _______________________ it hurts most – their pockets. A new survey has
shown that the weekly money that children receive from their parents is
_______________________. The report, from the Halifax Bank, indicates the
allowance kids get from their parents is now 30 per cent lower than it was in 2003.
Today, children between the ages of eight and 15 receive an average of £5.89
($9.20). This _______________________ with the £8.37 ($13.07) they were getting
five years ago, when pocket money levels peaked. The report also showed that girls
_______________________ boys. Boys still receive more money than girls, but the
gender gap in spending money has closed considerably _______________________
years.

10.
Children seem to _______________________ their worsening economic conditions.
The Halifax Bank says children are managing to put money
_______________________. Flavia Umana, head of savings products at Halifax, told
the BBC: "It is encouraging to see that children are still saving,
_______________________ pocket money falling.” Ms Umana added: "Teaching
children how to manage their own pocket money is a great first step to building
_______________________ in our youngsters." British kids said they were finding it
hard to make ends meet. Alec Flynn, 14, from London spoke about
_______________________ stretching his pocket money: “It‟s not easy trying to
_______________________ money. I only get £5 a week from my parents; it takes
me three months to save up for a computer game.”
AFTER READING / LISTENING
1. WORD SEARCH: Look in your dictionary / computer to find collocates, other
meanings, information, synonyms … for the words „pocket‟ and „money‟.
pocket money
 Share your findings with your partners.
 Make questions using the words you found.
 Ask your partner / group your questions.
2. ARTICLE QUESTIONS: Look back at the article and write down some questions
you would like to ask the class about the text.
 Share your questions with other classmates / groups.
 Ask your partner / group your questions.
3. GAP FILL: In pairs / groups, compare your answers to this exercise. Check your
answers. Talk about the words from the activity. Were they new, interesting, worth
learning…?
4. VOCABULARY: Circle any words you do not understand. In groups, pool unknown
words and use dictionaries to find their meanings.
5. TEST EACH OTHER: Look at the words below. With your partner, try to recall how
they were used in the text:
 feeling
 weekly
 low
 ages
 seem
 head
 despite
 meet

11.
 worse
 previous
 tough
 three
STUDENT POCKET MONEY SURVEY
Write five GOOD questions about pocket money in the table. Do this in pairs. Each
student must write the questions on his / her own paper.
When you have finished, interview other students. Write down their answers.
STUDENT 1
_____________
STUDENT 2
_____________
STUDENT 3
_____________
Q.1.
Q.2.
Q.3.
Q.4.
Q.5.
 Now return to your original partner and share and talk about what you found out.
Change partners often.
 Make mini-presentations to other groups on your findings.
POCKET MONEY DISCUSSION
STUDENT A‟s QUESTIONS (Do not show these to student B)
a) What did you think when you read the headline?
b) What springs to mind when you hear the word „pocket money‟?
c) Did you have enough when you were a young teen?
d) Should kids have to do something in return for getting pocket money?
e) Is the recession affecting you?
f) When was the last time you felt your pocket was hit?
g) From what age do you think children should start receiving pocket money?
h) Do you think kids complain about their pocket money?
i) What do you think of the amount of weekly pocket money quoted in the article?

12.
j) When do you think the idea of pocket money first came along?
-----------------------------------------------------------------------------
STUDENT B‟s QUESTIONS (Do not show these to student A)
a) Did you like reading this article?
b) Does pocket money teach children to be good at managing finances?
c) Should kids put something away for a rainy day or spend everything?
d) Are you good at managing money?
e) Are you good at putting money away for a rainy day?
f) Do you find it hard to make ends meet?
g) Is it OK to stop giving pocket money to kids if times are tough?
h) What would you do with more pocket money?
i) Are you saving up for anything at the moment?
j) What questions would you like to ask Flavia Umana?
LANGUAGE – MULTIPLE CHOICE
Children in Britain are feeling the (1) ____ of the recession. The weak economy is
hitting them where it hurts most – their pockets. A new survey has shown that the
(2) ____ money that children receive from their parents
My 6 year old son has a tuck shop at his school and now and then he asks me for money to buy a treat at lunch time.
Once in a while I oblige. On the days that I don't think it is necessary, he tells me that his friends all get pocket money
and that they don't have to ask their parents for money to buy things at the tuck shop, they just use their pocket money
when they want for what they want.
So, how old is old enough to get pocket money?
In my books, it is probably somewhere around age 10 and should be well monitored so
that it is not used for tuck shop, but for more useful expenditures like giving to
charity, or saving up for something bigger than one week's pocket can afford, but I'm
interested to hear other peoples points of view on this.
Does getting pocket money teach children the value of money and from what age can this lesson be taught with
confidence that the message is getting through?
No, I don’t think so
The value of money can only be learned from real life experience of earning, saving and spending it properly. I don't
think any amount of parental talking about money value can really get through, until our children start living on their
own and by their own means. Equally, they'll be able to fully understand and appreciate the act of giving and sharing
only when they give away what they've earned themselves. Until then, I guess we can give them pocket money as soon
as they are capable of explaining themselves in a shop, but should not expect too much understanding or appreciation.

13.
It's becoming very popular to pay kids some pocket money for doing domestic chores, in order to teach them the value
of money, but personally I would be very much against introducing this sort of commercial transactions into my own
family life. To me, it somehow undermines what the family is all about.
For any seventeen year old, to star as a leading actress in a Hindi film can only be a distant dream today. But
for Hansika, it was never going to be difficult. After seeing her on television and in few films as a child
artist a few years ago, now, Hansika is barely recognizable. In the past few years, however, she seems to
have turned things around, making better personal and professional choices.
Now that you've grown up from a little girl of small screen to a leading lady of Bollywood films, how
would you describe your journey so far?
I'd describe my journey in a very positive way and a lucky manner. As a child artist, I was very lucky that I
got to do big small screen serials. But there is always time to move ahead especially when you grow up. I
was in the 9th standard when I left television because my 10th board exams needed me to study very hard.
In that process, I grew up and while I was in my 11th standard, I got to do my first film with Himesh
Reshammiya, Aap Kaa Surroor. So the journey for me has just begun. Wait and watch, there's a long way to
go.
Aap Ka Suroor was a very serious film but your second big release Money Hai Toh Honey Hai seems to
be a complete transition from a serious role to a funny one. Do you associate at all with the character
you're portraying in this film?
Of course yes. This is the closest character I can come to with to my real life because I play a role of Ashima
Kapoor who is the best and the top most actress of small screen and how she wants to become even bigger in
the world of Bollywood. She finally gets the big break but only gets roles of saas and bahu types because of
her small screen success. It's really funny. You will see me at my best in Money Hai Toh Honey Hai.
Why leave the small screen when you could have grown bigger and better in television?
It was never about growing bigger or better. It was about making the right decisions. My mom had already
told me to concentrate more on my studies and complete my 10th boards and then again think of pursuing
my career. It makes a lot of difference if you are educated. I have no regrets quitting small screen because I
cherish every bit of my time I had dedicated to the television for three whole years.
You played a small girl in the film Jaago which also starred Manoj Bajpai. What was his reaction
when he saw you all grown up to become a lead actress opposite Govinda?
His mouth was wide open and he was zapped. He said, "Is it you Hansika?". And I said, "Yes it's the same
me." Manoj is a brilliant actor and has matured over the years and so have I. But he treated me in the same
way and manner as he treats his other co-actors and gave me the same space as others. I was really touched
by his gestures. He is simply great and not many know that he can do excellent comedy.
Now let's talk about Govinda. What was it like to work with Indian Film Industry's one of the finest
and the best dancers and comic talents?
He is a gem of a person and a complete gentleman. I am very fortunate to have got my second film with
such an experienced and a good co-artist. He has actually helped me a lot to grow as an actor too. Chi Chi is
not like a father figure who gives advices as to this is how you should work and act. He is equal to each and
everybody. Whether it's Upen Patel, Celina, Aftab or Manoj. He will come up to you and motivate you to do
better and will say, "You could have done it better." Such is his persona.
Was there a moment that you forgot your lines opposite the highly experienced Govinda?

14.
I am not bad at forgetting lines. Actually, if anyone of us would make a mistake or crack a joke or give an
expression, we all would just burst out laughing out loud and then tears would come out of our eyes. Infact,
we would do the same if there was no reason what so ever. Strange isn't it?
What about Ganesh Acharya, who shares the same story as you do. His first film too was a serious
affair called Swami?
I know Ganesh since childhood. My first film's song, Tera Mera Milna was choreographed by Ganesh. He is
a beautiful person. When I saw Swami which was directed by him, I knew that this is not Ganesh. But when
I heard his second film which he narrated to me in Germany while shooting Aap Kaa Surroor, I knew from
the word go that he had made my character by keeping me in mind. Not to forget, both our families are
really close to each other. Money Hai to Honey Hai brings out his true personality.
THEA Reading Comprehension Practice Questions
Read the following passage, and then answer the questions that follow. How a man uses money - makes it, saves
it, and spends it - is perhaps one of the best tests of practical wisdom. Although money ought by no means to be
regarded as a chief end of man's life, neither is it a trifling matter, to be held in philosophic contempt,
representing as it does to so large an extent, the means of physical comfort and social well-being. Indeed, some of
the finest qualities of human nature are intimately related to the right use of money; such as generosity, honesty,
justice, and self- sacrifice; as well as the practical virtues of economy and providence. On the other hand, there
are their counterparts of avarice, fraud, injustice, and selfishness, as displayed by the inordinate lovers of gain;
and the vices of thriftlessness, extravagance, and improvidence, on the part of those who misuse and abuse the
means entrusted to them. "So that," as is wisely observed by Henry Taylor in his thoughtful 'Notes from Life,' "a
right measure and manner in getting, saving, spending, giving, taking, lending, borrowing, and bequeathing,
would almost argue a perfect man."
Comfort in worldly circumstances is a condition which every man is justified in striving to attain by all worthy
means. It secures that physical satisfaction, which is necessary for the culture of the better part of his nature; and
enables him to provide for those of his own household. Nor ought the duty to be any the less indifferent to us, that
the respect which our fellow-men entertain for us in no slight degree depends upon the manner in which we
exercise the opportunities which present themselves for our honourable advancement in life. The very effort
required to be made to succeed in life with this object, is of itself an education; stimulating a man's sense of self-
respect, bringing out his practical qualities, and disciplining him in the exercise of patience, perseverance, and
such like virtues. The provident and careful man must necessarily be a thoughtful man, for he lives not merely for
the present, but with provident forecast makes arrangements for the future. He must also be a temperate man,
and exercise the virtue of self-denial, than which nothing is so much calculated to give strength to the character.
John Sterling says truly, that "the worst education which teaches self denial, is better than the best which teaches
everything else, and not that." The Romans rightly employed the same word (virtus) to designate courage, which
is in a physical sense what the other is in a moral; the highest virtue of all being victory over ourselves.
1. What is the main idea of this passage?
A: Wealthy people and poor people can both be virtuous.
B: Money is insignificant.
C: Money is the most important thing in the world.
D: The way a person handles money indicates his or her general character.
2. The author's purpose in writing this essay is:
A: to teach people how to earn a great deal of money.
B: to warn readers about the dangers of greed.
C: to describe the life of a wealthy person.
D: to convince the reader that proper money management is a sign of good character.
3. Which is the best synonym for the word providence?
A: prudence
B: fate
C: sustenance
D: doom

15.
4. What would be the author's response to those who say that poverty is noble?
A: The author would agree with this statement.
B: In order to cultivate other virtues a person must have money.
C: Once a person gets rich, they can start worrying about self-discipline.
D: The Romans believed that poor people are evil.
5. Which word best describes the author's attitude to Henry Taylor?
A: admiring
B: condescending
C: skeptical
D: disgusted
6. What does the author imply by saying that money provides 'physical satisfaction, which is necessary for the
cultivation of the better part of his nature'?
A: People are more friendly after they have had a hot bath.
B: In order to improve oneself in more lofty ways, one must attain the basic necessities.
C: The most important thing in life is physical pleasure.
D: Money can only provide physical pleasure.
7. What does the author mean by the comment, 'The very effort required to be made to succeed in life with this
object, is of itself an education'?
A: In order to earn money a person needs to go to college.
B: Money makes people seem smarter than they are.
C: That learning to manage money effectively entails learning a number of other valuable skills.
D: Only intelligent people can earn money.
8. Why must the 'provident and careful man' be a thoughtful man?
A: because he has earned a great deal of money
B: because he is familiar with the works of Henry Taylor
C: because he gives most of his money to charity
D: because he must always be planning for the future
9. The author brings up the Roman word for courage to illustrate:
A: his knowledge of the classics
B: that people throughout history have valued money
C: that self-discipline is less important than physical bravery
D: that self-control is similar to physical bravery
10. What is the definition of the word temperate as it is used in this essay?
A: moderate
B: irritated
C: self-denying
D: warm
Answer Key
1. D. The thrust of the essay is that money provides an opportunity for developing self-discipline and generosity.
2. D. The author is aware that money is often associated with vices like greed or miserliness.
3. A. Here, providence means clear foresight and planning for the future.
4. B. The author states that a person can only cultivate him or herself after attaining financial security.
5. A. The author clearly agrees with the thoughts expressed by Taylor.
6. B. The author believes that some money is necessary in order to be just and generous.
7. C. The author asserts that a person will need to learn self-discipline and restraint in order to succeed financially.
8. D. The author states that it is an important virtue to be mindful of the future.
9. D. The author wants to underscore how personal and physical bravery were combined in one word by the
Romans.

16.
10. C. The word temperate means to deny oneself all diversions and distractions from one's duty.
1: I don't have any cash just now. I'm __________.
flat broken
no money
flat broke
less money
2:Her company didn't make a profit again this year. She's really disappointed
it's still __________.
not make money
in the red
in the black
no making money
3:She worked really hard this year so she was given a 10% pay __________.
decrease
inflation
extra
increase
Build Up A - Z of money terms
account n. a record of money a person deposits into a bank
balance n. the difference between credits and debits in an account
bank n. a building in which commercial banking is transacted.
bank charges n. money paid to a bank for the bank's services etc
banker's draft n. a cheque drawn on the bank (or building society) itself against either a cash deposit or
2:They've found a house they really want to buy. Now they need to get a(n) __________
from the bank.
mortgage
interest
money
loan
2:She needs to ask her parents to lend her some money because she's
already 250 pounds __________ at the bank.
overdraw
overdebt
overdebts
overdrawn

17.
funds taken directly from your own bank account.
barter v. to trade without using money.
borrow v. to ask for the temporary use of money on the condition of repayment and at a set rate of
interest.
branch n. local office or bureau of a bank
building society n. A building society is like a bank, but it is owned by its members - savers and borrowers -
and not by shareholders. Its traditional purpose was to lend money to individuals to
purchase or remortgage their homes. This money used to come exclusively from individual
saving members who are paid interest on their deposits. Now, an increasing proportion, but
still a minority of the funds are raised on the commercial money markets.
cashflow n. cash earnings minus cash outflows for fixed- and working-capital investment.
cashier n. an employee of a bank or building society who receives and pays out money.
chequebook n. book containing detachable cheques
cheque n. written order to a bank to pay the stated sum from one's account
counterfeit n. fake money made in order to deceive - also v.
credit n. money in a bank a/c; sum added to a bank a/c; money lent by a bank - also v.
credit card n. (plastic) card from a bank authorising the purchasing of goods on credit
currency n. money that is used by a country such as the United Kingdom.
current account n. bank a/c from which money may be drawn at any time; checking account US
debit n. a sum deducted from a bank account, as for a cheque - also v.
debit card n. you use a debit card in much the same way as a credit card but instead of receiving credit
after making your purchase, the funds are automatically (within a few days usually)
withdrawn from your bank account.
debt n. the state of owing something (especially money).
denomination n. a number that expresses the value of a coin or bill. A five pound note and a ten pound
note represent two denominations.
deposit n. an amount of money placed with a bank
deposit account n. bank a/c on which interest is paid; savings account US.
fill in v. to add written information to a document to make it complete.
interest n. money paid for borrowing money, or money that a bank or building society pays a
customer for putting money into their bank.
interest rate n. the percentage of an amount of money which is paid for the use of that money over a
period of time.
lend v. to give the temporary use of money on the condition of repayment and at a set rate of
interest.
loan n. money lent by a bank etc and that must be repaid with interest - also v.
mortgage n. most of us do not buy our homes outright for cash - instead we borrow money to do so.
overdraft n. deficit in a bank account caused by withdrawing more money than is paid in
pay in v. to deposit or put money in to a bank account
payee n. person to whom money is paid
paying-in slip n. small document recording money that you pay in to a bank account
pence n. more than one penny.

18.
standing order n. an instruction to a bank to make regular payments
statement n. a record of transactions in a bank account
withdraw v. to take money out of a bank account
withdrawal n. the act of taking out money.