Unit 5 Spend or save

FOREIGHLANGUAGETEACHINGANDRESEARCHPRESSAIRFORCEENGINEERINGUNIVERTISY2Spendorsave–Thestudent’sdilemmaUnit5SectionAAmanwhobothspendsandsavesmoneyisthehappiestman,becausehehasbothenjoyments.—SamuelJohnson(Englishwriter)Youmustlearntosavefirstandspendafterward.—JohnPoole(Englishplaywright)25UNITThemoneygameSectionA25ThemoneygameUNITSpendorsave–Thestudent’sdilemmaObjectivesTotalkaboutmoneyTofurtherunderstandthetextToapplythephrasesandpatternsTomastertheessaywritingskillContentsASectionWarming-upActivitiesTextStudyLanguageApplicationSummarySpendorsave–Thestudent’sdilemmaASectionWarming-upActivitiesLead-inPre-readingActivitiesCulturalBackgroundSpendorsave–Thestudent’sdilemma1.Howtomanagemoneyasacollegestudent?•Createastrictbudgetandcommittostickingwithit;•Prioritizeone’sfinancesbyidentifyingtheareasinwhichoneneedtospendmoney;•Remembertosave;•Avoidcreditcards;•…2.Whatdocollegestudentsspendtheirmoneyon?•Tuitionandfees;•Textbooksorotherschoolsupplies;•Foodanddrink;•Transportationintheformofbusortraintickets;•Electronics,suchaslaptopsandsmartphones;•Entertainment;•…Readthefollowingsurveyquestionsregardingspendinghabitsofcollegestudents.Thencheck(√)alltheresponsesthataretrueforyou.1.What’sthemainsourceofyourdailyexpenses?□Fromparents□Fromstudentloanorsubsidy□Fromscholarship□Frompart-timejob□Other(specify)__________2.Howmuchareyourmonthlyexpenses?□500yuanorless□501-800yuan□801-1,000yuan□1,001-1,500yuan□Over1,500yuan3.Doyouspendmoneybasedonyourbudget?□Always□Sometimes□Never4.Whatcostsmostofyourmoneyasacollegestudent?□Food,clothingandothernecessities□Books□Entertainments□Other(specify)__________5.Ifyouhaveextramoney,doyouprefertosaveitorspenditimmediately?□Saveit□SpenditInthemoneymarkets,businessesgovernmentsandsometimesindividualsborroworlendfundsforshortperiodoftime.Usually1to120days.USTreasury-billsarethe_________moneymarketinstrument.Theyarefollowedbynegotiablecertificatedepositand___________paper.Listentoashortpassageconcerningmoneymarketsandfillinthemissinginformation.dominantcommercialListentoashortpassageconcerningmoneymarketsandfillinthemissinginformation.Othermoneymarketinstrumentstheyarenotlargein-volumeofstandingareimportantin____________marketandrepresentinvestmentalternariesformoneymarket____________.Itisaclosedsubstituteabilityofmarketinstruments,it______allthemoneymarkets.respectiveparticipantslinksdistinctivedealersandbrokersListentoashortpassageconcerningmoneymarketsandfillinthemissinginformation.Themoneymarketconsistofcollectionofmarketseachtradingat________financialinstrument.ThereisnoformalorganizationsuchasTheNewYorkStockExchangefortheequitymarkets.Centralactivitytothemoneymarketarethe__________________whospecializingoneormoremoneymarketinstruments.Dealersbuysecuritiesfortheown_________andsellfromthesecurityinventerswhenthetrades____________.Brokersdonotactuallybuyorsellsecurities,andtheyonlyaccentuatethe_______transactionsatthebestpossibleprice.Theirprofitscomesfromcommissionschargedforthatservices.positiontakeplaceclientListentoashortpassageconcerningmoneymarketsandfillinthemissinginformation.QuestionsPreviewing1.Whatdoesfinancialliteracyreferto?2.IntheUnitedStates,whatdoesStudentFinancialAidreferto?TipsTips1.Whatdoesfinancialliteracyreferto?•Theabilitytounderstandfinancialmatters;•Thesetofskillsandknowledge;•Allowsanindividualtomakeinformedandeffectivedecisionsthroughunderstandingoffinances.2.IntheUnitedStates,whatdoesStudentFinancialAidreferto?Thefundingintendedtohelpstudentspayeducationexpensesincludingtuitionandfees,roomandboard,booksandsupplies,etc.foreducationatacollege,university,orprivateschool.MainIdea&StructureLanguageFocusCriticalThinkingTextStudyASectionSpendorsave–Thestudent’sdilemmaTipsBecausewhenthegovernmentencouragespeopleto____________togetoutoftherecession,theyalsoadvicepeopleto__________.Similarly,whenbanksofferhigher____________toincreasesavingstheysend________________toletpeoplespendmore.savemoreinterestratesAccordingtothewriter,whydothemessageswegetfromourenvironmentseemtodefycommonsenseandcontradicteachother?(Para.1)spendmoneycreditcardoffersAnotherfamiliarexample.(Para.2)Don’tpayontimeAssoonaswepayCreditCardBillwegetdemanding,nastyemailssaying:“Yourfailuretopayisunacceptable.Payimmediatelyoryou’llbeintrouble!”wegetanemailinacharmingtonetellingushowvaluableacustomerweareandencouragingustoresumespending.Weareconfusedand____________bytwocontradictorymessagesthatwegetfromourenvironment.Thegovernmenttellsusto________________________________________________.Andcreditcardcompanyalsosentuscontradictorymessage:___________________________________________?PartI—(Paras.1-__)2spendandatthesametimetheytellsustosavemoreArewefailingconsumersorvaluedcustomersmanipulatedTwosetsofmessages(Paras.3-5)“Upright”message,whichurgesus,“Workhardandsave._____________________.Avoidluxuries.__________________formorethanyoutrulyneed.”Thismessagecomestousfrom_______,from_______,evenfrompoliticalfiguresreferringto“_______________”.“Permissive”message,“Buy,spend,getitnow.Youneedthis!”,is___________.Advertis