topic-specific vocabulary
62
Money &
finance
C. Now read this passage and complete the gaps with one of the words or expressions from
Tasks A and B. You may need to change the form of some of the words.
‘Financial advice from a father to a son’
In the play ‘Hamlet’ by William Shakespeare, a father gives his son some financial advice. ‘Neither a
borrower nor a lender be’, he says. He is trying to tell
his son that he should never
1__________________________ money from anyone because it will make it difficult for him to manage his
finances. Likewise he should never give a financial 2__________________________ to a friend because he
will probably
never see the money again, and will probably lose his friend as well.
The play was written over four hundred years ago, but today many parents would give similar advice to
their children. Imagine the conversation they would have now:
Son:
Right dad, I’m off to university now.
Father:
All
right son, but let me give you some sound financial advice before you go.
Son:
Oh come on dad.....
Father:
Now listen, this is important. The first thing you should do is to make sure you
balance your 3__________________________ - the money you receive from me - and your
4__________________________ - the money you spend.
If you spend too much, you will
end up with an 5__________________________ at the bank. Don’t expect me to pay it for you.
Son:
But it’s so difficult. Things are so expensive, and the 6__________________________ goes up all the
time. 7__________________________ is running at about 10%.
Father:
I know, but you should try to 8__________________________ .
Avoid expensive shops and
restaurants. Also, put your money in a good 9__________________________ . They offer a much
higher rate of 10__________________________ than banks. Also, avoid buying things
11__________________________ .
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