Earning and spending money, Esercizi di Inglese

Scarica Earning and spending money e più Esercizi in PDF di Inglese solo su Docsity! Earning and spending money Below is a family's budget for next month. Look at it to see where their money is coming from and how much is going out. Note down how you think they could save money and any differences between this budget and a family budget in your country. Income Outgoings Basic salary (gross 1800), after tax 1335.00 National Insurance Contributions 246.00 Overtime payment 56.50 Mortgage payment 675.00 Productivity bonus 10.00 Gas and electricity – quarterly bills 164.00 Son's wages (4 x 90 net) 360.00 Phone bill, ADSL and mobile phone 105.00 His tips 25.00 Alimony – maintenance money to ex-wife 600.00 HP [hire purchase] instalment on car/ instalment plan 188.00  Basic earnings: 1921.50 Road tax 30.00 Speeding fine [OR speeding ticket] 75.00 plus extras: Life insurance premium 48.00 Jim's college grant (tax-free) 80.00 Deposit on new washing-machine 45.00 Freda's scholarship (tax-free) 70.00 Accountant's fees 125.00 Child benefit 60.00 Repayment on Credit Company loan (standing order) 60.00 Dad's pension 736.00 Interest on overdraft on current account 45.00 Other bank charges 10.00 Ted's dole money/unemployment benefit 460.00 Subscription to magazines & newspapers 20.00 Dad's dividend on shares 13.00 Donation to 'Help the Aged' 15.00 Interest on savings (bank deposit account) 23.50 Contribution to labour union/trade union 8.50 Tax rebate (tax year 2016) 98.00 Children's pocket money 60.00 Stake money for football pools and horse- racing 18.50  Total extras: 1540.50 Church collection 5.00 Food & clothes 600.00 Petrol (OR gasoline / Am.E.) & public transport 250.00 Miscellaneous expenses 150.00  Total income (all sources) 3462.00  Total expenditure 3543.00 Balance: - 81.00 Below are a number of ways of saving or making money. Note down which you think are sensible and which you would not recommend. If you are working in a group, discuss your notes. If you are working on your own, write a brief summary of them. 1. buying in bulk to beat inflation 2. looking out for genuine reductions and real bargains in the sales 3. buying supermarket brands rather than brand-name products 4. buying economy-size packets and tins of things 5. looking out for special HP (hire-purchase) deals at good rates of interest 6. delaying payment of bills until the final demand 7. taking your holidays out of season at cheap rates 8. buying second-hand clothes in jumble sales or charity shops 9. buying products that offer trading stamps or gift vouchers 10. using the telephone at off-peak, cheap-rate times (if applicable) 11. shopping only at places where money can be refunded rather than goods exchanged 12. changing your foreign currency when the rates of exchange are favourable 13. checking your bank statement and cheque counterfoils to make sure there are no errors 14. looking after receipts and guarantees 2 Here are some expressions we have for rich and poor: He's a multi-millionaire. She inherited millions (she is an oil-heiress). They won a fortune. She's got more money than sense. They're made of money. He's a very wealthy businessman. She's extremely well-off. They say we're living in an affluent society. He's comfortably off. Money doesn't buy happiness, but it helps. I'm a bit hard up at the moment, actually. He's broke. They're on the breadline. I'm afraid we're bankrupt, gentlemen. Now I know what it's like to be poverty-stricken. I'm running into debt. I owe money everywhere. I'm heavily in debt. I'm a few thousand in the red. Practice a) Underline the most suitable word or phrase. 1. I haven't got enough money, I'm afraid. Could you borrow/lend me some? 2. This car is too expensive. We can't afford/pay it. 3. There's a small flat to hire/let in Bridge Street. 4. How much do you earn/gain in your new job? 5. She's a good dentist, but she doesn't charge/spend too much. 6. I bought this coat in the sales. It was decreased/reduced a lot. 7. Jack made his fortune/treasure buying and selling property. 8. How much do you reckon/value that house would cost? b) Replace each word or phrase in italics with a word or phrase from the box which has the opposite meaning. cash generous profit well off poverty purchase take out worthless 1. I was surprised by how mean Charles was. ………………. 2. Janet says that she is very hard up at the moment. ………………. 3. Last year their business made a huge loss. ………………. 4. I'd like to pay in $ 100 please. ………………. 5. Most people in the city live in great prosperity. ………………. 6. The manager insisted that I paid by cheque. ………………. 7. Jean was able to make only one sale during the morning. ………………. 8. The old painting I found in the loft turned out to be valuable. ………………. c) Complete each sentence with a word from the box. Use each word once only. safe wealth pension rent tip credit card loan receipt 1. The old couple had only a small ………………. to live on. 2. My uncle Sam acquired his considerable ………………. selling cars. 3. David never carries cash with him and pays for everything by ………………. 4. I wouldn't have been able to buy my boat without a bank ………………. 5. The shop won't change any goods without the original ………………. 6. Keith didn't like the waiter so he didn't leave a ………………. 7. The house is not in very good condition so the ………………. is low. 8. We keep all our money and valuables in this ………………. in the floor. 5 j) In each sentence choose one or more appropriate words. 1. Harry gains/gets/makes over $20 000 a year. 2. Mary was awarded a grant/scholarship/subsidy to study child psychology. 3. How much did you give/pay/take for your new car? 4. Their house fetched/produced/sold for a lot more than they expected. 5. I'm going to the bank to get out/remove/withdraw the money for the rent. 6. The manager disappeared with the receipts/takings/wages from the concert. 7. By the time Kate retired she was a fortunate/prosperous/wealthy businesswoman. 8. We had a good holiday but it was rather costly/expensive/valuable. 9. We would appreciate it if you would close/settle/pay your bill as soon as possible. 10. Unfortunately the old painting I found turned out to be priceless/valueless/worthless. k) Complete each sentence with one of the words given. account company enterprise market price claim currency figures payment venture 1. John became rich by playing the stock ………………. 2. We have decided to turn our business into a limited ………………. 3. This government believes firmly in the value of free ………………. 4. I am interested in buying the property, but I find the ………………. too high. 5. I am saving money to make the down ………………. on a new car. 6. We put in an insurance ………………. after our house was damaged in a storm. 7. Everyone was impressed with the sales ………………. for the new product. 8. Margaret lost a lot of money in an unwise business ………………. 9. I keep most of my money in a savings ………………. 10. Our company receives a lot of payments in foreign ………………. l) Match each sentence a) to j) with a sentence from 1) to 10) which has a similar meaning. a) We have to haggle. 1. We spend a lot. b) We have a nice little nest-egg. 2. We don 't waste money. c) We have high expenditure. 3. We let people borrow from us. d) We get in free. 4. We earn according to what we sell. e) We are in debt. 5. We argue about the price. f) We are very thrifty. 6. We earn a lot. g) We are paid on commission. 7. We don't have to pay. h) We want a rise. 8. We need higher wages. i) We lend money. 9. We owe money. j) We have a high income. 10. We have some savings. m) Choose the most suitable word or phrase. 1. I inherited $10 000 in my uncle's ………………. A) legacy B) inheritance C) will D) testament 2. The ………………. price is always lower than the retail price. A) wholesale B) bargaining C) cut D) budget 3. I still have three more ………………. to pay on my motorbike. A) shares B) donations C) instalments D) contributions 4. We had to give the customs official a ………………. not to inspect our suitcases. A) fee B) reward C) bonus D) bribe 5. After my business failed I was declared ………………. by the court. A) profitless B) bankrupt C) insignificant D) uneconomical 6. As soon as you buy a car, it starts falling in ………………. A) cost B) worth C) value D) price 6 7. A multinational company has made a/an ………………. to take over our firm. A) bid B) venture C) investment D) estimate 8. We demanded pay rises to take account of the ………………. of inflation. A) figures B) percentage C) price D) rate 9. Things are going well. In fact, business is ………………. A) soaring B) booming C) leaping D) rolling 10. I ………………. you don’t make as much profit this year! A) assure B) challenge C) bet D) doubt n) Replace the words underlined by one of the words given. agenda chair expense handle takings bargain charge fortune income unavailable 1. Sheila made a lot of money selling used cars. 2. When Mark took his new job, his earnings nearly doubled. 3. The cost of moving house was another problem for us. 4. We need someone else to be in charge of the meeting. 5. I am afraid this product is temporarily out of stock. 6. We usually count the money we have made when the shop closes. 7. Do you like my new dress? It was a very good price. 8. We don 't deal with goods of that kind in this company. 9. Don't forget to draw up the list of items to be discussed for the next meeting. 10. We make no request for payment for delivery in the London area. o) Replace the phrase underlined in each sentence with one of the phrases given. Do not use any phrase more than once. challenged the figures financial means make a wise investment come into a fortune free of charge on easy terms commercially viable in credit on expenses on the market 1. We've decided to put our house up for sale. 2. Jean has inherited a lot of money. 3. At the meeting Peter said he thought the amounts were wrong. 4. No one believes that the shop will ever be a business success. 5. I am the possessor of a healthy balance at the bank. 6. Sue and Jane went to South America with everything paid for by their company. 7. We don't believe you have the money to take over this company. 8. All employees can stay at the hotel without paying. 9. We bought our new electric cooker by instalments. 10. Harry became rich after he managed to put his money in the right place. p) In each sentence, replace one or more words with one of the words given, so that the sentence has an opposite meaning. appreciate hard up prosperous rise wasteful dear make purchase squander worthless 1. The precious stones our company mines are now known to be priceless. 2. Nigel cannot get used to being an unsuccessful businessman. 3. The company has decided to sell the premises in East Road. 4. I like living in this part of town. Of course, it's very cheap! 5. Jim inherited $20 000 and managed to save it all. 6. We were poor when I was young and my father was very thrifty. 7. At the moment house values tend to go down in this area. 8. The workers were given a cut in wages when the takeover was announced. 9. Nobody thought that the company would lose a lot of money. 10. Richard's family is incredibly well-off.