Five ways that you are gambling with your money Business English

Financial money management is very important.  This article suggests that the way your deal with your credit cards can be very risky.  The way you take a mortgage can  also effect how much money you will pay back.


http://news.yahoo.com/5-ways-youre-gambling-money-142836370.html

Key terms
standing order
utility bills
expenses
income
monthly budget
deferred debit
immediate debit
debit card
credit card
interest
warranty
adjustable mortgage
fixed-rate mortgage
gamble
withdraw money
postal bank
fees


Questions
Do you have a month budget?
What do you do if you spend more than you make?
What do you do if you have an emergency and need to cover the expense?
What type of loans do you take?
Have you ever borrowed from your credit card?
What type of credit card plan do you have?
What type of large appliances have you bought?
Did you ever buy the extended warranty?
Have you ever fallen for any of these "gamboling" schemes?
Do you set aside money and put in a savings account?





Lesson Plan by Rachael Alice Orbach - Professional English Teacher