Task 1: Speaking
First, write your short-term and long-term financial goals.
Describe your financial goals with the future perfect tense and statements with hope, expect, plan, and intend with perfect infinitives.
- Be financially independent
- Be out of debt
- Cut back on spending
- Create a realistic budget
- Stick to a budget
- Start saving money
“ A year from now I’ll have paid back my loans.” Or “By the time I graduate I hope to have saved enough to buy a new car.”
Task 2: Writing
In one paragraph, describe the way you manage your money. Use the vocabulary boosters below and organize your ideas in order of importance. Provide examples to support your claims.
- live beyond/within your means: to spend more/less money than you receive as income
- I keep track of my expenses.
- an astronomical rent/bill/price/fee: describes an amount that is extremely large
- chip in: to give some money when several people are giving money to pay for something together
- save/keep money for a rainy day: to save money for a time when it might be needed unexpectedly
- gimmick: something that is not serious or of real value that is used to attract people's attention or interest temporarily, especially to make them buy something
- have (got) your heart set on something: to want something very much, so that you would be very disappointed if you do not get it