Money matters

Money

what is money how people get money what people do with the money where people keep/store the money how we pay for goods/services

People and money Find the synonyms:

generous greedythrifty wealthyrich economicalstingy hard upskin flint meanpoor charitable

Vocabulary

a budget income expenditure a piggy bank pocket money debt ATM, PIN

currency exchange rates exchange office / bureau de change

Why/How do we change the money?

Changing money

Kč

At the bank account (current, savings) to deposit / withdraw

money interest / interest rate a bank statement to be in red/black loan/mortgage money order how we use cash machines

Public financeMatch:

income tax VAT (value added

tax)

inheritance tax

unemployment benefit

• money given by the government to people without work

• fixed number of money collected on wages and salaries

• money paid on most goods and services whey they are bought

• money collected on what people inherit from others

Idioms - guess the meaning

They don't accept credit cards, we will need hard cash. = money in the form of coins or notes

I can't go out tonight, I'm broke.= to have no money

"I went to the hole in the wall to get some cash.“ = a cash machine

He broke the bank at the casino and walked away with a lot of money. = win all the money at a casino gambling table

Proverbs

Do you agree? Discuss in pairs.

Money is the root of all evil.

Money makes the world go round.

The best things in life are free.

21. 2. 2012

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