Lesson 6.5 Money – 20 Effective Educational Exercises for English Classes!Key vocabulary to learn in this lesson (PDF)
6.5.1 Vocabulary – a) Translate the following money verbs into your first language:
Grammar – b) Write an active sentence in present simple with one of the verbs and convert it into the following tenses:
present simple: _______________________________________________________
present continuous: _______________________________________________________
– – –
past simple: _______________________________________________________
past continuous: _______________________________________________________
– – –
future simple: _______________________________________________________
future continuous: _______________________________________________________
– – –
present perfect: _______________________________________________________
present perfect continuous: _______________________________________________________
– – –
past perfect: _______________________________________________________
past perfect continuous: _______________________________________________________
– – –
future perfect: _______________________________________________________
future perfect continuous: _______________________________________________________
Extension: repeat b) with different verbs.
6.5.2 Reading – Read the text below and complete the gaps with these money words:
pocket money income economy tax price charity
investment salary purse poverty benefits expenditure
Six-year-old Jane looked in her a) _______________ and realised it was empty. She decided to ask her grandpa if she could have her b) _______________ a few days early. He was in the kitchen arguing about the c) _______________ with his friend Bill. They were always moaning about boring things like how much d) _______________ they had to pay and how the e) _______________ of goods kept going up. Jane’s grandpa worked for a f) _______________ that tried to help people out of g) _______________. There were so many people who received a low h) _______________ and had to rely on i) _______________ to manage. “Grandpa – may I have my pocket money – please?” began Jane. “I need to buy some gum but I don’t have enough…” “It seems you could learn a little about how to balance your j) _______________ with your k) _______________,” advised her grandpa, reaching for his wallet with a smile. “A subscription to the Financial Times would be a good l) _______________,” joked Bill.
6.5.3 Vocabulary – Choose the correct answer from the options below:
- a cashier / financial advisor / banker holds a position of importance at a bank.
- a spender / cashier / miser works in a supermarket scanning your items.
- a employer / debtor / spender is somebody who owes money.
- a financial advisor / accountant / saver suggests how to get the most out of your money.
- an accountant / employer / multimillionaire provides paid work for one or more people.
- a saver / debt collector / miser is not keen on sharing their money.
- a gambler / banker / accountant believes they will gain money by spending money.
- a debtor / saver / miser feels it is beneficial not to spend money.
- a spender / cashier / miser has precisely the opposite point of view about money.
- a debt collector / debtor / banker visits people’s homes to get money.
- an banker / accountant / employer works out how much tax you need to pay.
- a multimillionaire / cashier / banker has far more money than most people.
6.5.4 Vocabulary – Word association. Match the word list with the words and phrases below:
acquisition list of expenditure low, high, or extortionate online banking
safe place for money cash or contactless loan for a house free withdrawal
negative amount of money new car or a holiday how much I’ve got left safety net
- savings account
- interest rate
6.5.5 Vocabulary – Criminals and money. Complete the gaps with these words:
blackmailer embezzler thief counterfeiter pickpocket smuggler
con artist shoplifter tax evader robber insider dealer burglar
- A _______________ is anybody who steals something.
- A _______________ steals from a business or bank.
- A _______________ steals from peoples’ homes.
- A _______________ steals from people in the street.
- A _______________ steals from the government.
- A _______________ steals from people by tricking them.
- A _______________ steals small items from supermarkets.
- A _______________ prints their own money.
- An _______________ steals money on the stock market.
- A _______________ steals money by threatening to reveal information.
- A _______________ steals money by importing goods illegally.
- An _______________ steals money from a company that they work for.
6.5.6 Idioms – Rearrange the sentences below to make twelve English idioms about money:
- Don’t be wasteful – money grow on doesn’t trees.
- Like it or not, money the go world makes round.
- It’s important to rainy save day for a.
- You should sell your car rather than repair it. Don’t good after money throw bad.
- My sister spends money like it’s out fashion of going.
- “Can we afford this new sofa?” “Yes, it the break won’t bank.”
- Thomas was born poor but earned a fortune, from riches to rags going.
- “How do I look, darling?” “Like a dollars million!”
- After her husband lost his job, Sue was relieved to be able to bacon home bring the.
- “Should I compete in the tournament?” “Yes, why not money your mouth where is put your?”
- I always try to money’s get worth my.
- They never have enough money, and always seem to be from mouth to hand living.
6.5.7 Phrasal Verbs – a) Add a preposition or adverb [particle] below to make each phrasal verb connected with money:
BACK IN UP (x2) INTO AWAY (x2) OFF BY AROUND OUT (x2)
- I’ve been saving _______________ for a new bike for ages.
- We gave _______________ our old sofa to a homeless refuge.
- I’m not lending you money because you’ll never pay it _______________.
- My parents have splashed _______________ on a trip to Florida.
- Our teacher left so we chipped _______________ and bought her a new watch.
- I got ripped _______________ because these jeans should have been half-price.
- Megan didn’t enjoy forking _______________ for a new school blazer for her son.
- We’re not rich but we have enough to get _______________.
- Each month we put _______________ a few quid for our daughter’s wedding.
- It would be great to suddenly come _______________ money.
- It’s a good idea to shop _______________ for bargains on Black Friday.
- Look – just cough _______________ the money you owe me, dad!
b) Write a new sentence with each phrasal verb.
6.5.8 Vocabulary – Find out how much money each word or phrase represents, then put them into order, from the smallest to the largest:
- a fiver
- a titan
- a tenner
- a ton
- a score
- a pony
- a few coppers
- a monkey
- a quid
- two bob
- a grand
6.5.9 Vocabulary – Picture quiz: a) Match the words to the letters in the picture. Which coin is missing? Draw it:
- 1p (pence) _______________
- 2p _______________
- 5p _______________
- 10p _______________
- 20p _______________
- loose change _______________
- £1 (pound) _______________
- £2 _______________
- £5 _______________
- £10 _______________
- £20 _______________
b) Count the money in each picture and write each amount in figures and words:
c) Can you guess how much money is in the picture below?
6.5.10 Grammar – Sentence Blocks. Build a sequence of questions and answers based on each sentence below. Find out more about how to teach with sentence blocks here.
1. (Present Simple) Ruby gets £6.55 per hour for working at the cinema.
2. (Present Continuous) Roger is paying his gas bill and electricity bill at the post office.
3. (Past Simple) A thief stole all my cash and credit cards, when I was mugged last Thursday.
4. (Past Continuous) Alfie was waiting at a busy cashpoint yesterday for ten minutes to make a withdrawal.
5. (Present Perfect) We’ve applied for a mortgage with our local bank.
6. (Modal Verbs) Hannah and Matt should ask my accountant to help them with their tax return.
7. (Future Forms) I’m going to take out part of my savings to invest in some shares on the stock market.
8. (First Conditional) If his salary goes up, Oscar will donate more money to charity.
6.5.11 Reading – Money: Multi-Purpose Text:Reading – Money: Multi-Purpose Text
6.5.12 Speaking and Listening – Money: Role Plays:Speaking and Listening – Money: Role Plays
6.5.13 Grammar – Money: Connected Sentence Cards:Grammar – Money: Connected Sentence Cards
6.5.14 Speaking and Listening / Vocabulary – Money: Discussion Words:Speaking and Listening / Vocabulary – Money: Discussion Words
6.5.15 Speaking and Listening / Grammar – Money: Information Gap:Speaking and Listening / Grammar – Money: Information Gap
6.5.16 Research – Money quiz: Choose the correct answer below:
- The full State Pension for 2019-20 in the UK is: a) £124.05, b) £204.49, c) £168.60 per week.
- The Bank of England was founded in: a) 1494, b) 1694, c) 1894.
- The first Bank of England banknote to be made of polymer – a thin plastic material – was the: a) £20 note, b) £10 note, c) £5 notes in 2016.
- An individual in the UK can legally have a) 20, b) 100, c) an unlimited number of savings accounts.
- Missed payments on your credit cards can remain on your credit file for: a) ten years, b) six years, c) life.
- The world’s first gold coins were issued by: a) Queen Elizabeth I, b) King Canute, c) King Croesus.
- The side of a coin which has the image of the monarch or other authority is called the a) obverse, b) reverse, c) tails.
- The digital currency Bitcoin is known as a a) supercurrency, b) pseudocurrency, c) cryptocurrency.
- There are a) 80, b) 180, c) 280 different currencies used in 195 countries which are recognised by the United Nations.
- There are a) 14, b) 16, c) 19 member states of the EU, with a combined population of 300 million people, which currently use the Euro.
- In the US pennies are loss-making because it costs a) 1.1 cents, b) 1.7 cents, c) 2.2 cents to make each one.
- In the UK the average lifespan of a coin in active circulation is about a) forty, b) fifty, c) sixty years.
6.5.17 Speaking and Listening – Discussion questions. Discuss the following questions with a partner or small group:
- Are you rich? How much money have you got with you at the moment? What are you going to buy today? Have you got any loans or credit card debts, etc.? If yes, why did you need to take the credit? If no, why not? Would you consider it in the future?
- Would you like to be a millionaire? Why? / Why not? What would be the advantages and
disadvantages of having bags of money?
- Have you ever been a victim of theft? What happened? Tell me about it.
- How generous are you? Do you like to share what you have? Do you give to charity? Why? / Why not?
- How much money do you usually spend… a) on food and drink per month, b) on accommodation per month, c) on your partner’s birthday present, d) on Christmas presents?
- Do you think that people should have to pay tax? What would happen if nobody paid tax?
- Tell me about your bank. Which bank are you with? How long have you been with them? Why did you choose them? What benefits do they offer? Would you recommend them?
- What is the easiest way to make money? Have you ever tried it? Tell me about it. What is the hardest way to make money?
6.5.18 Speaking and Listening – Agree or disagree? Do you agree or disagree with these statements? Say why. Ask your partner or small group:
- If I found £50 in the street, I would hand it in at a police station.
- You’re nothing unless you’ve got cash.
- It is unsurprising that men earn more than women.
- We should help people who don’t have a lot of money.
- “What’s money? A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do.” – Bob Dylan
- If everybody simply shared everything they had, the world’s problems would be solved.
- My parents didn’t give me enough pocket money as a child.
- It’s better to spend than to save. Enjoy each day and don’t worry about the future!
- “Charity begins at home.” Giving to charity is a waste of money. People should help themselves.
- Having a million pounds would cause more stress than having a normal salary.
- It’s better to keep your money at home under the bed, than to trust a bank!
- I always lend my money to friends, if they ask me.
- “A wise man should have money in his head, but not in his heart.” – Jonathan Swift
- I’ve never thought about stealing anything – even a pen from work.
6.5.19 Speaking and Listening – What would you do? Work with a partner or small group. Read each statement and discuss what you would do in each situation. [See instructions below.]
- A friend lends you money but seems to forget to ask for it back.
- Your partner wants to take out a mortgage on a house, but you don’t.
- You find a twenty pound note on the floor of your office canteen.
- You have to earn £500 quickly, or you will have a big problem.
- While paying online you find you have been overcharged.
- You discover that your accountant has been cheating you.
- At a bazaar in Marrakesh you are having problems haggling.
- You bought some trousers that don’t fit, but the shop won’t give a refund.
- You realise you can’t pay your tax bill this year.
- Your friend wins the lottery and promises to give you a share, but ‘forgets’.
- Your benefits are stopped due to an administrative error.
- As a busy twelve-year-old you feel that your pocket money is inadequate.
[What Would You Do? is a free practice activity that aims to improve speaking and listening skills. It provides starting points for twelve different role plays based on the topic of money. Even if students aren’t keen to physically act out a fictional situation, each statement provides a starting point for discussion (using the second conditional), which could prove very interesting for students as they discover their peers’ attitudes and responses to hypothetical situations – what would you do if…? The aim in this activity is to give students time and space to talk, discuss, imagine, think out loud, and debate – while practising using the vocabulary that they have learned during this lesson.]
6.5.20 Speaking and Listening – Reply to this! Work with a partner or small group. Read each statement and reply to it in different ways:
- Can you lend me fifty quid?
- Have you considered taking out a pension?
- I’ve just lost a pony at the bookies! [bookmakers]
- How can I transfer money online?
- Why don’t we give more to charity?
- I’m getting a pay rise next year!
- Have you seen my wallet anywhere?
- I think we need to save the money your parents gave us.
- Before you buy that telly, please shop around.
- Our current account balance is running a bit low.
- I’m not forking out for your brother’s wedding!
- Let’s go on holiday. Go on! It won’t break the bank!
Additional Resources for Teaching about Money:
What gives a dollar bill its value? – Doug Levinson [TED-Ed]
Why is the UK banking sector so big? – Quarterly Bulletin article [Bank of England]
Easy Steps To Get Out Of Debt, According To A Certified Financial Planner [Business Insider]
How Chocolate Coins Are Made | How It’s Made [Discovery UK]