or to save?
To spend
-
Vocab: waste, spend, save, splash out, bargain, bank account, pocket money, savings
-
Grammar: Present perfect
- Short discussion questions:
- What are the benefits of saving money?
- Have you ever spent money on something and regretted it?
- What are some tips for saving money?
- Have you ever saved money for a big item?
- Debate: It is more important for teenagers to spend money on things they want than to spend it on things they need
Click to disappear
Which do you prefer buying expensive things or lots of cheap things?
Getting to
know you!
Would you rather buy a gift for your friend or something for yourself?
How often do you go shopping with your friends?
How do you make money?
Have you ever bought something expensive?
What do you
like to buy with your money?
How many words can you think of to do with money?
use it later.
To keep money so you can
Click to reveal
save
Vocab word is hidden and students guess what the word is based on the definition
What's the word?
To use money to buy things.
Click to reveal
spend
Vocab word is hidden and students guess what the word is based on the definition
What's the word?
carelessly and without any benefit
To use money or resources
Click to reveal
waste
Vocab word is hidden and students guess what the word is based on the definition
What's the word?
something you really want
To spend a lot of money on
Click to reveal
splash
out
Vocab word is hidden and students guess what the word is based on the definition
What's the word?
price than usual.
Something you buy at a lower
Click to reveal
bargain
Vocab word is hidden and students guess what the word is based on the definition
What's the word?
their children to spend.
Money that parents give to
Click to reveal
pocket
money
Vocab word is hidden and students guess what the word is based on the definition
What's the word?
your money in a bank.
A place where you keep
Click to reveal
bank
account
Vocab word is hidden and students guess what the word is based on the definition
What's the word?
do not spend.
Money that you keep and
Click to reveal
savings
Vocab word is hidden and students guess what the word is based on the definition
What's the word?
Is it true for you?
I have never wasted my money.
I have never found an absolute bargain whilst shopping.
I have got a bank account.
I haven't saved any money recently.
True
False
Real world text
Watch
this!
Real world text
video zooms in
Teenagers and money. Most British teenagers get pocket money from their parents. In some families, teenagers have to help with jobs around the house to earn their pocket money. They help with the housework: vacuuming the floor, loading the dishwasher, setting the table, and so on. Or they do things outside such as washing the car and cutting the grass in the garden. They spend most of their money on going out, clothes, trainers, music, computer games and mobile phone bills. Not many teenagers shop online, because they enjoy going to the shops with their friends. However, they buy things online if they can get them cheaper that way. A lot of teenagers try to save some money in a bank, too.
What do some teens have to do to earn their pocket money?
How do some teens save their money?
What do teenagers spend most of their money on?
screen shot of the video, not video link
Which of these do you think is the best way
to save money? Why?
Brain break
Save a small amount every week
Only buy
cheap things
or bargains
Sell your old things to buy
new things
Welcome to Teen Bank! I'm Chris. I speak to teens about money matters. Take a seat and let's talk money!
Do you have any tips for saving money?
What are the benefits of saving money?
Have you ever saved up for a big item?
Have you ever spent money on something and regretted it?
With money, balancing short-term wants
with long-term needs is important for teenagers. Which should teenagers prioritize?
Team save
Team spend
Teenagers should spend money on things they want not save it for
things they need.
prompts for strugglers appear
Team save
Team spend
You have just
won £1,000,000.
What would you do with the money?
How much would you spend?
Would you give any money to friends and family?
How much would you save?
What would you splash
out on first?
Would you tell people or keep it a secret?
Did you enjoy today's lesson?
Yes
No
Goodbye!
nest egg
trees
day
arm
leg
Complete the phrases!
I have saved a good _____ _____.
Money doesn't grow on _____.
I am saving for a rainy _____.
My new trainers cost an _____ and a _____.
Spending Vs Saving
By Kate Pearce
Spending Vs Saving
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