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MODULE 9

TOPIC 9

Money rules the world?

Introductory.

1. What is money?

2. What is the place of money in our life? Why do people need money?

3. Is common knowledge, that money rules the world, true?

4. How do you usually plan you budget? Do you have you secret how to save money?

Vocabulary.

Think about money and write as many words connected with this item as it possible.

Comment on the following statements.

Money makes a man. John Clarke

Money doesn't grow on trees. Proverb

Money begets money. Proverb

Lack of money is the root of all evil. George Bernard Shaw

If you would be wealthy, think of saving as well as getting. Benjamin Franklin

All the millionaires are miserable people.

Work with the text.

WHO WANTS TO BE A MILLIONAIRE?

All over the world, lotteries create new millionaires every week. But what is it actually like to wake up one day with more money than you can imagine?

Look at the chart below. Do you think these are good (√) or bad (X) suggestions for people who win a lot of money? Write your opinions on the chart.

Read the article. What does it say about the six suggestions above? Put (√) or bad (X) in the chart.

Nearly all of us have fantasized about winning the big prize in a lottery. We dream about what we would do with the money, but we rarely stop to think about (1)_____________!

For most of us, our way of life is closely linked to our economic circumstances. The different parts of our lives fit together like a jigsaw - work, home, friends, hobbies, and sports make up our world. This is where we belong and where (2)___________. A sudden huge windfall would dramatically change it all and smash the jigsaw.

For example, most people like the idea of not having to work, but winners have found that without work there is no purpose to their day and no reason to get up in the morning. It is tempting (3)_________ in a wealthy area, but in so doing, you leave old friends and routines behind.

Winners are usually advised got to publicize their address and phone number, but charity requests and begging letters still arrive. If they are not careful, (4)____________ on solicitors' fees to protect them from demanding relatives, guards to protect their homes and swimming pools, and psychiatrists to protect their sanity!

Winners who lost it ail

There are many stories about people who couldn't learn how to be rich. In 1999 Abby Wilson from Brixton, London, won £ 7 million on Thunderball, and it brought her (5)_________. She immediately went on a spending spree that lasted for four years and five marriages. She is now penniless and alone, 'I'm a miserable person, ' she says. 'Winning that money was the most awful thing that ever happened to me.'

Then there is the story of William Church, 37, a cafeteria cook from Blackpool. He won the National Lottery, but it turned out to be (6)________. Three weeks after winning, he dropped dead of a heart attack, brought on by ceaseless hounding from the press, the public, and elatives, after his £ 3.6 million win was made public.

Winners who survived

For some people, the easiest thing is to get rid of the money (7)__________ Jim Taylor, a sailor from Scotland, won £ 2 million, and blew the money in 77 days. He withdrew thousands of pounds a day from the bank and handed it to former shipmates and strangers in the street. On one occasion, he handed out £ 150, 000 to homeless people in a Glasgow park. Later he said he had no regrets about his wasted fortune.

Anita Cotton was the biggest lottery winner at the time when she won £ 12 million. It has taken her years to get used to the changes in her life. 'I couldn't have done it without my family, ' she says. 'There were so many lies about me in the press. They said I had dumped my husband and children, bought an island in the Indian Ocean, and become a drug addict. All wrong.' Her fortune has been divided (8)_____________.

A final thought

When you next buy a lottery ticket, just stop for a minute and ask yourself why you're doing it. Do you actually want to win? Or are you doing it for the excitement of thinking about winning?