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 _____.