Unit 13: Money

I work all night, I work all day To pay the bill I have to pay, ain’t it sad And still there never seems to be a single penny Left for me, that’s too ……… In my dreams I have a plan If I

Welcome to our class !

Review

I work all night, I work all day

To pay the bill I have to pay, ain’t it sad

And still there never seems to be a single penny

Left for me, that’s too ………

In my dreams I have a plan

If I got me a wealthy man

I wouldn’t have to work at all

I’d fool around and have a ………

Money, money, money Must be funny in the rich man’s ………

Money, money, money Always sunny in the rich man’s world

Ah ha, ah ha, all the things I could ……… (If I had a little money, it’s a rich man’s world

It’s a rich man’s world)

A man like that is hard to find But I can’t get him off my mind, ain’t it sad

And if he ……… to be free

I bet he wouldn’t fancy me, that’s too bad

So I must leave, I’ll have to go to Las Vegas or Monaco

And win a fortune in a game

My life will never be the same

bad

ball

world

do

happens

Money Money Money

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History of money

Coin

- bearing number showing its value

- based on exact amount of metal A system of direct exchange of goods

Barter Goods of value

Precious metals

Paper money

Cattle / grain – teeth, shells, feather /skulls / salt / elephant’s tusks

Cheques

banker’s card

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History of money

Barter Goods of value

Precious metals

Paper money

Cheques

banker’s card

In the …… …… when there was no money,

…… was used as a direct ……… of goods Then goods of …… …… were used as money After that, they were replaced by

…… and …… …… Nowadays, people use

………, banker’s cards, …… …… because they are …… and more convenient.

old days

great value

coins paper notes

cheques credit cards safer

Kinds of money

1 ……… money paid for a place to live

2 ……… money paid to the government

3 ……… money paid for professional services

4 ……… money in coins and bills, not checks

5 ……… money paid to workers by the hour or week

6 ……… money paid as charges on the money you borrow

7 ……… money paid to workers for a month’s or year’s work

8 ……… money paid to older people who no longer work

9 ……… money returned to you after you pay too much

10 ……… money paid for a trip by bus

Rent

Taxes

Fees

Cash

Wages

Interest

Salary

Pension

Change

Fare

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Story - telling

• income ≥ expenditure → happy

• income ≤ expenditure → misery

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Let’s read and complete the poem

Money can buy house but not h ………

Money can buy bed but not s ………

Money can buy clock but not t ………

Money can buy book but not k ………

Money can buy dresses but not b ………

Money can buy smiles but not h ………

Money can buy food but not a ………

Money is important but is not every thing

Money can buy position but not r ……… Money can buy blood but not l ………

Money can buy medicine but not h ……… Money can buy sex but not l ………

Money can buy insurance but not s ………

ome leep ime nowledge eauty appiness ppetite

espect ife

ealth ove

afety

You see, money is not everything Therefore if you have too much Please give some to me

VIETCOMBANK'S EXCHANGE RATE SHEET (Date: 06/10/2003)

CURRENCY BUYING RATE SELLING RATE

VND Code - Name Cash/cheque

VND Transfer VND USD - US dollar 15,550 15,555 15,580

GOLD’S PRICE

Buying Price : 700,000 VND Selling Price : 711,000 VND

MONEY MUSEUMS (Internet)

http://www.rich.frb.org/econed/museum/

http://www.thebritishmuseum.ac.uk/worldofmoney/

http://myanmar-money.8m.com/

http://www.bsp.gov.ph/about_bsp/about_museum.htm

http://www.museumofmoney.org/index.php