Saving Money
Archived Old Topic
Questions
- Did you save money when you were young?
- When you were a child, did you ever give money to other children?
- Do you think parents should teach children to save money?
- Do parents give children pocket money in your country?
Sample Answers
Did you save money when you were young? Growing up, I didn't really think about saving money, but my parents encouraged me to put some of my allowance into a piggy bank. I think it was more of a habit for me back then, but as I got older, I started to understand the importance of saving.
When you were a child, did you ever give money to other children? I remember sometimes giving my friends some of my lunch money or a few dollars if they forgot theirs, but I didn't really think of it as 'giving money' back then. It was more like sharing with friends.
Do you think parents should teach children to save money? Absolutely, I think it's crucial for parents to teach children the value of saving money from a young age. It helps them develop good financial habits and understand the importance of budgeting and responsible spending.
Do parents give children pocket money in your country? Yes, in my country, it's common for parents to give their children a weekly or monthly allowance, which is meant to teach them how to manage money and make smart financial decisions.
Key Phrases and Idioms
- Break the bank
- to spend all one's money
- I don't want to break the bank on this vacation, so let's look for affordable options.
- Cost an arm and a leg
- something is very expensive
- I love that new designer handbag, but it costs an arm and a leg!
- Save for a rainy day
- to save money for a future time when it might be needed
- I'm trying to save for a rainy day, so I'm putting aside a portion of my income each month.
Warning: This is an archived topic from a past exam season. It is now out of date.
Do you want all the latest topics and questions that are on the exam right now?