IELTS SPEAKING 6.
5 MONEY AND WELL-BEING
TASK 1 Here are some areas in which money plays a role. Talk to each other about how money or
the lack of it, affects these areas of our lives. wealthy family vs underprivileged/ impoverished family
prestigious universities
internationally-recognized degrees
top-notch/ state-of-the-art facilities
build up
maintaining a good health (supplements)
the lack of money damages the relationships
improving your health (recover, healthcare services, treatment)
save your life in case of emergency
heritage/ museum
timely treatment afford
provide enough subsidy
resign themselves to waiting for the death.
preserved
dont subsidize museums or cultural centers
IELTS NGUYEN HIEN 1
IELTS SPEAKING 6.5 MONEY AND WELL-BEING
TASK 2 In (1) and (2) below, match each phrase a-d with an appropriate sentence 1-4. The first one
has been done for you.
1 They paid …
a in advance 1 They made regular payment over two years.
b in arrears 4 2 They paid all the money that was owing.
c in instalments 1 3 They paid for the hotel room before the holiday.
d in full 2 4 They settled the bill after the work was finished.
2 She bought it …
a on impulse 3 1 Everything in the store was reduced by ten percent.
b on hire purchase 4 2 She offered the highest price for the painting.
c at auction 2 3 She saw the hat and immediately decided to buy it.
d in the sales 1 4 She hasn’t finished paying for her new fridge yet.
on sales
TASK 3 Discuss the following questions with your partner:
1 In what situations do people or organizations usually pay
A in advance? B in arrears? C in instalments?
2 Do you ever buy things
A on impulse? B in the sales? C on credit?
TASK 4 Work on the following topics. your estimated price/ budget:
1 Describe a time you spent more than you planned. voucher/ gift cards
2 Describe a time you spent a lot of money on something.
3 Describe a time you received advance on how to spend money.
advice
other items are in the sales --> buy them on impulse
the price increases / be tempted by the suggestions/ recommendations of the shop assistants
IELTS NGUYEN HIEN 2
IELTS SPEAKING 6.5 MONEY AND WELL-BEING
FURTHER LISTENING
Questions 1-12
Complete the notes below.
Write NO MORE THAN TWO WORDS AND/ OR A NUMBER for each answer.
INTERNET BANKING
History
1980s
• Early online banking access required a computer, a monitor and a 1 …………………..
phone line
• Very basic. Customers could only:
– see their 2 …………………..
bank statements
– send messages to their bank
written instructions
• 3 ………………….. were required to move money to other accounts or make bill payments.
• Under one percent of bank customers made use of early online banking.
1990s
personal computers
• Sharp rise in number of 4 ………………….. following establishment of Internet
• Modern online-banking services using web browsers begin.
• Initial consumer reluctance to carry out financial transactions online (5 …………………..
online thefts from accounts
often occurred).
• Changing consumer attitudes prompted by:
– Better 6 security
…………………..features on banking websites
– More online stores (e.g., Amazon, eBay).
2000+
IELTS NGUYEN HIEN 3
IELTS SPEAKING 6.5 MONEY AND WELL-BEING
• 2001: Bank of America – first bank with 3M online customers (making 3M payments to a value in
excess of one 7 billion
…………………..).
dollars
• 2012: as many as 8 …………………..
90% of bank customers banking online in one country.
• Many online (internet-only) bank open.
Benefits of internet banking
Customers: loan
– They have access to accounts 24.7
– They can make payments (gas, electricity, etc.), move money between accounts, 9 …………………..,
arrange loans etc.
No need to go to bank.
– They can access banking services using computers or 10 …………………..
smart phones .
Banks
– Customers keep more money in their accounts.
– Reduced need for customers 11 …………………..
support staff.
– Increased customer loyalty (+ more recommendations to others).
– Lower running costs (internet banks only).
– 12 …………………..
regional banks can find customers elsewhere (+ therefore operate beyond their usual area).
IELTS NGUYEN HIEN 4
