10 Look at the title of the text and guess what the text is going to be about.
11
Read the text and complete each paragraph with the sentences 1-4 in the spaces a-d.
1. Any financial system is a decisive process at
3.
solution to any economic issues.
2. It is better to have several versions to spend money
on than make an exact decision after thinking over
4.
demands’ importance.
It is obvious that he was able to have becor
wealthy because of the right choice of financi
management.
A right financial management can assist in havii
extra money to family budget.
Financial Management
Most people agree to the opinion that sometimes
it is not so difficult to make money but to save and
raise it can be a real problem. Most people complain
that they face a number of difficulties in financial
management. Why do many people have problems
with this? Because most of us are not aware of rules
in managing finance which causes problems. There
are some general ideas to solve this question: firstly,
do not start spending your money without planning or
dividing it into needed categories and types. In your
financial management plan you should thoroughly
calculate your income for a week or a month, then
demands where you must put money urgently.
a )_______________________________________
Henry Ford, a famous engineer and car producer,
was grown up in a poor American farmer family with
a very small budget. Eight children had to survive
working hard in the farm. Being an intellectual, willing
boy he coped with problems and took up producing
cars: having produced the first automobile going by
petrol Ford created a conveyer system of producing
cars. Henry Ford paid a great attention to
y
financial management by improving his
v
car industry. He spent his money on
the productive, essential processes
in car manufacturing. His famous
motto “a car for everybody!” denied
the idea that only the richest people
could own cars! Ford made out a special
technique to produce an automobile in a
cheaper price by decreasing amount of
money spent on it. As a result a proper
financial management brought him and
his company fame. Later Henry Ford
had become one of the richest men in the
world as well.
b )_____________________________
Financial management can make
one’s business sphere prosperous or
failing.
Appropriate,
well-planned
scheme may bring to success. Not only
in business or in other occupations this
matter is important but families also need
a right financial management to prosper.
For achieving this, one should be able
to analyze income and outcome of his
family thoroughly.
c )
Financial management is a foundation
stone of any social institution which puts
every economic issue in order. There is
no notion small or big financing. Small
financial matters lead to bigger ones.
d)
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