A1 English Listening Practice - Money — Transcript

Full transcript

1. 0:00Hey everybody. Welcome to this A1
2. 0:03English listening practice video. You
3. 0:06can use this video to practice your
4. 0:08listening and comprehension as I speak.
5. 0:12Before we start, remember to subscribe
6. 0:14to the channel, click on the bell, and
7. 0:17follow us on Instagram. You ready? So
8. 0:21today, I'm going to talk about money.
9. 0:25This is a really important topic because
10. 0:28money is a big part of our lives. So
11. 0:32first, let's talk about currencies.
12. 0:36A currency is the type of money that a
13. 0:39country uses. For example, the currency
14. 0:43of the US is the dollar and the currency
15. 0:47of Mexico is the peso. Every country
16. 0:51uses a currency to buy and sell things.
17. 0:56Some currencies are very valuable and
18. 0:59other currencies are not very valuable.
19. 1:03For example, today, one US dollar is
20. 1:07worth 22 Mexican pesos. The dollar is
21. 1:11more valuable right now. So, what
22. 1:15currency does your country use? Okay,
23. 1:18now let's talk about prices. In the US,
24. 1:23most things are expensive. They cost a
25. 1:26lot of money. In other countries, things
26. 1:30are cheap. They don't cost a lot of
27. 1:33money. For example, in the US, the
28. 1:36average price of a house is about
29. 1:39$250,000.
30. 1:43But in Mexico, the average price of a
31. 1:45house is probably around $40,000.
32. 1:50That's a big difference, huh? Prices are
33. 1:53very different in different countries.
34. 1:56Another difference is with salaries. The
35. 2:00salaries in some countries are high and
36. 2:03the salaries in other countries are low.
37. 2:07In the US, salaries are pretty high.
38. 2:11Americans need to make a lot of money
39. 2:14because life is expensive in the US. In
40. 2:18some countries, people don't need a lot
41. 2:20of money to live, but everyone needs
42. 2:24some money to survive. Okay, now let's
43. 2:27talk about spending and saving money.
44. 2:31Some people really like spending money
45. 2:34and other people prefer saving more
46. 2:36money. Different people have different
47. 2:39habits. My family always liked saving
48. 2:43money. My mom taught me to always save
49. 2:46some of my money. So, today I try to
50. 2:50save some of the money I earn. It's not
51. 2:53always easy to save, though. You have to
52. 2:57be careful with your money because it's
53. 3:00easy to spend too much. I know many
54. 3:03people that don't save money. They
55. 3:06always spend their money on clothes,
56. 3:09electronics, vacations, and other
57. 3:12things. I spend money on these things,
58. 3:16but not all my money. But, some people
59. 3:19spend all their money because they want
60. 3:22to enjoy the moment. I don't think I
61. 3:25could do this. I think it's good to
62. 3:28enjoy the moment, but it's also good to
63. 3:31plan for the future. One other thing
64. 3:35that people do with their money is
65. 3:37invest. You can invest in many different
66. 3:41things, like the stock market, real
67. 3:44estate, currencies, or gold. Many
68. 3:48Americans invest their money. They want
69. 3:52to use this money to make more money in
70. 3:55the future. In some countries, investing
71. 3:58is not very popular. Or sometimes, they
72. 4:02don't have good investment options. You
73. 4:06need to be careful when you invest your
74. 4:08money because not all investment options
75. 4:12are good. Some investments are bad and
76. 4:16you can lose money. Overall, people have
77. 4:19many different ways to manage their
78. 4:22money. All right, that's all for today.
79. 4:25Leave a comment and tell me if you like
80. 4:27spending, saving, or investing money.
81. 4:31And remember to subscribe to the
82. 4:33channel, click on the bell, and follow
83. 4:36us on Instagram for more English tips
84. 4:39and lessons. I'll see you next time.