Task1. The following are famous sayings about money. Comment on them and answer the questions.

1. Money makes the world go round. (a saying)

2. “Neither a borrower nor a lender be”. (W. Shakespeare)

- Have you ever borrowed money from anyone? Who from? How much?

- Have you ever lent money to anyone? Who to? How much?

- What is your attitude to debts? Which is better to borrow or to lend?

3. “A penny saved is a penny earned”. (Benjamin Franklin)

- Do you save money?

- Are you saving anything at the moment? What?

- Do you have a bank account?

4. “Buy now; pay later”.

- Have your family ever bought anything on credit? What?

- Do you think buying on credit is a good idea?

- Which methods of payment (credit card, cash, payment card, cheque, eurocheque, traveller’s cheque) would you prefer to use? When can you use them?

- What credit cards do you know?

- Would you like to have one?

5. “A bank is a place where they lend you an umbrella in the fair weather and ask for it back when it begins to rain”. (Frost)

- Is it a good idea to keep money in a bank?

Share your opinions.

Task2. Match the verbs in A with a suitable noun in B.

A	B
1) to pay	a) money you borrowed
2) to pay back	b) cheque
3) to pay by	c) a bill
4) to pay for	d) a loan
5) to pay off	e) goods

Task3. Complete the sentences with the correct preposition from the box. Then answer the questions.

1. Do you usually pay ………. clothes and shoes ………. credit card?

2. Do you ever lend money ………. friends?

3. Do you ever borrow money ………. friends?

4. Is your father’s salary paid directly ……… his bank account?

5. Do you often get money ………. a cash machine?

6. Does your bank pay interest ………. your cheque account?

7. Are you currently paying ……….. a loan?

Task4. Put the verbs in brackets into the appropriate conditional form.

1. If you ………. (not reduce) your overdraft, the bank ………. (start) legal proceedings.

2. If you………. (have) more complete information, you………. (be able) make a decision.

3. If Jack Wubben………. (be) here, he………. (translate) the article.

4. If the situation………. (not improve) significantly next year, the bank………. (have to) consider closing some of its branches.

5. If you……… (not provide) them with cheaper credit, you………. (lose) one of your best customers.

6. If you……… (have) more money in your account, the bank………. (lend) you the $2,000.

7. If you……… (take) traveller’s cheques it ………. (cost) less than if you……… (buy) foreign currency.

Task4. Read the text.

Date: 2015-01-29; view: 1139