Smart and poor financial decisions

Title separator

Vocabulary - finance

finance vocabulary

LESSON OVERVIEW

Teach your students finance vocabulary and encourage them to talk about good and bad financial decisions. In this lesson, students will also watch a video and share some financial advice

B1 / Intermediate60 minStandard LessonPremium Plan

WARM-UP & FINANCE VOCABULARY

In the warm-up activity, students discuss some questions related to personal finances. Then, they read ten sentences containing finance vocabulary (e.g. invest in, stocks, budget, lease). They need to choose the correct definition of each of the words and phrases. They also decide which of the sentences are true for them. Before watching the video, students read a short text about 401(k) and discuss whether they have something similar in their country. While watching the video for the first time, students do a comprehension task. They need to match speakers with the things they talk about. During the second viewing, students complete gaps in the sentences with the information from the video. 

DISCUSSION

Students use the finance vocabulary throughout the second part of the lesson. First, they discuss some questions about financial decisions presented in the video. Students also read some financial tips (some of which are pretty unusual). They need to explain what they think the tips mean and share their opinions about the tips. Finally, students read two situations: about a student who struggles with finances and a man who inherited some money. They have to give three pieces of advice to each person and explain why they think it would be good for them to follow the advice. 

HOMEWORK/REVISION

The lesson includes a supplementary task to practise the finance vocabulary from the lesson. In the task, students need to comment on some situations using the target lexis. The task is available in the teacher’s version of the worksheet and can be printed for students or accessed in the e-lesson plan for online teaching.

WORKSHEETS

 

Comments

Title separator

Leave a Reply

  1. hannahduncan

    On slide 20 is it ‘love your life without credit cards’ or should it be ‘live your life without credit cards’ ? 😀

    1. Iulia

      Hi, Hannah!
      It’s ‘love’ 🙂

  2. Edgar Benavides

    Perfect for accounting students, well done, love the content and organization of it all.

  3. jpbruce

    Great lesson, I’ve had some good discussions from it.
    Just a couple of notes –
    On the last reading slide, “It’s Uma” sounds odd to me, maybe ‘This is…’
    Also, I wouldn’t say university dormitory, I’d say ‘university accommodation’. A dormitory makes me think of a big room with lots of beds, which I don’t think would be the case in most universities.

    1. Justa

      Thanks for the comment! As for ‘It’s Uma”, we consulted it again with our editors and we feel that it follows the more informal and conversational nature of the activity text itself. Regarding ‘university dormitory’, we can also use it to refer to a building where students live, so there is no need to change it. You can see some examples here.

  4. Filipe

    Amazing lesson .

  5. Kev

    Great material as ever. One point from my side, if we add more amounts like 150$, 1500$, etc to ex 1, it may ignite more discussions, since the lesson is about investments.

    Keep up the good work guys.

    Best.

  6. MIchelle Leuthart

    In Slide 22, shouldn’t it be : “This is Uma” and ‘This is Larry’?

    1. Justa

      As we mentioned in the comment above, as for ‘It’s Uma’ and ‘It’s Larry’, we feel that the expressions follow the more informal and conversational nature of the activity text itself.

Browse other materials recommended for you

Title separator
ESL lesson about board games
B1 / Intermediate
Standard Lesson 60 min
Loading

Fancy a game?

General

In this ESL lesson about board games, students watch a video, learn games-related vocabulary and practise speaking. 

adjectives ending in -ed and -ing
B1 / Intermediate
Standard Lesson 60 min
Loading

Milestones and other life events

General

With this lesson students learn to use adjectives ending in -ed and -ing. They talk about milestones and life events, and have a lot of discussion, while practising using these commonly confused adjectives.

ways to say thank you
B1 / Intermediate | B2 / Upper Intermediate
Standard Lesson 60 min
Loading

From the bottom of my heart

General

In this ESL lesson students learn ways to say thank you and react to it. They discuss different situations where people thank each other, watch a video and have a lot of practice.

B1 / Intermediate
Standard Lesson 60 min
Loading

I doubt that… (functional language)

General

In this lesson, students learn functional language for expressing possibility in English, as well as doubt and certainty. They watch two sets of short video clips and get controlled and free practice of the functional language.

friendship and relationship vocabulary
B1 / Intermediate
Standard Lesson 60 min
Loading

How strong is your bond?

General

In this ESL lesson students learn friendship and relationship vocabulary as well as discuss the difference between a friend and an acquaintance. The lesson also contains a video, speaking and reading activities. 

B1 / Intermediate
Critical Reading Club 30 min
Loading

Breaking records

General

In this lesson, students discuss an article about an unusual Guinness World Record, talk about breaking records and learn some collocations.

ESL lesson about body language
A2 / Pre‐Intermediate | B1 / Intermediate
Standard Lesson 60 min
Loading

A body language detective

General

In this ESL lesson about body language, students learn phrases to describe gestures and talk about body language in different situations.

speaking lesson about ads
A2 / Pre‐Intermediate | B1 / Intermediate
Speaking Class 45 min / 60 min
Loading

The world of ads

Business General

This speaking lesson about ads includes a variety of activities. Students have a lot of discussion, watch two videos and read short texts on some marketing campaigns of a famous brand.

intermediate ESL games
A2 / Pre‐Intermediate | B1 / Intermediate
Standard Lesson 60 min
Loading

Guessing games – A2-B1

General

This worksheet contains five pre-intermediate and intermediate ESL games. The games can be used as warm-ups, fillers or end-of-lesson tasks.

Show more lessons

Questions

Title separator

Is there a minimum subscription period if I choose a monthly subscription?

No, there’s no minimum required number of subscription months. You can cancel any time you want. Basically, you can sign up and then cancel your subscription the next day, which will mean you have access for 1 month and won’t be charged again.

What currencies can I pay in for my subscription?

Our default currency is USD (American dollar), but you can also pay in EUR (euro), GBP (British pound sterling) or PLN (Polish zloty). You can change the currency you want to pay in at the Pricing page before selecting a subscription plan.

How can I edit an e-lesson plan?

You can get your own editable copy of an e-lesson plan and make changes to it. To do so, either (1) make a copy of it on your Google Drive (preferable method) or (2) download it in a Powerpoint format (but formatting might be a bit off so we can’t guarantee that it will work well).

Read more FAQ
Title separator

ESL Brains

Forgot password?
or continue with