Money Matters

What are common monthly expenses for a student living on their own, including student or car loans? How about a family of four? Write a list of your expenses, figure out how much money you spend on each area, and what percentage of your income pays for each.

Listen to a conversation between friends about money and answer 5 questions.

Click here to listen

After the listening, check if you understand the new vocabulary:

  • buck (noun): dollar
    – Could you load me a buckor two until tomorrow?
  • be strapped for cash (idiom): have no money available
    – He has really been strapped for cashbecause he lost his job two weeks ago.
  • pinch pennies (idiom): be careful with money
    – That young couple had to pinch penniesso they can live.
  • in the hole (idiom): in debt
    – My brother has charged so some many purchases to his credit cards that he’s is the hole.
  • make ends meet (idiom): make enough money to live
    – When I was a student, I had to work three part-time jobs to make ends meet.
  • land (verb): find
    – I need to landa good job where I can earn a lot of money.
  • be loaded (adjective): having a lot of money
    – Don’t let him borrow money off you because, in reality, he’s loaded. His rich parents give him $2,500 in spending money a month!
  • budget (noun): a financial plan of expenses and income
    – You should create a budgetof your expenses.
  • keep track of (idiom): keep a record of
    – Any business should keep track ofits earnings.
  • run out (phrasal verb): use up or exhaust
    – If you don’t keep a budget, you might run outof money before your next paycheck.
  • utilities (noun): services provided by gas, power, and water companies
    – The rent for this apartment includes the cost of utilities.
  • pay through the nose (idiom): pay an excessive amount of money
    – Car insurance is so expensive that you have to pay through the noseto get any type of coverage these days.
  • knack (noun): a special way or ability of doing something
    – My mother has a real knackfor saving money on her low salary.
  • blow (verb): spend thoughtlessly or wastefully; throw away
    – People sometimes blowmoney on things that have no lasting value.
  • commute (verb): travel back and forth between work and home
    – I commuteby bus everyday.
  • curb (verb): lessen or reduce
    – Unless you curb your spending, you’re going to run out of money before the week is over.

From: http://esl-lab.com/expense/expensesc1.htm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s