This video lesson from Oxford Online English teaches how to discuss money in English. It covers topics like spending habits, budgeting, saving, salary discussions, debt, loans, and investing. The lesson provides useful phrases and vocabulary for talking about money naturally and appropriately in English-speaking contexts.

Why might it be considered inappropriate to discuss money in some cultures?

• People are generally not interested in money.

• It is illegal to discuss salaries.

• It can be seen as impolite or intrusive.

• It is always considered a private matter.

What is a common strategy to manage spending and save money?

• Create a weekly budget.

• Spend money on luxury items.

• Borrow money frequently.

• Avoid making any purchases.

What does it mean to 'splash out'?

• To borrow money from a bank.

• To spend money freely on enjoyable things.

• To save money for future use.

• To invest in the stock market.

What does the term 'getting by' imply about someone's financial situation?

• They are in significant debt.

• They have just enough to cover their expenses.

• They are wealthy and have excess money.

• They are struggling to pay their bills.

What is a 'mortgage'?

• A way to invest in stocks.

• A method of budgeting expenses.

• A type of savings account.

• A loan taken out to buy a house.

What happens if you 'max out' a credit card?

• You save a lot of money.

• You reach the credit limit on the card.

• You invest in the stock market.

• You pay off all your debts.

What does it mean to 'declare bankruptcy'?

• To invest in new businesses.

• To pay off all your debts.

• To have your debts canceled but lose valuable assets.

• To save a large amount of money.

What is a potential risk of investing all your savings in shares?

• You will definitely make a profit.

• You could lose all your money.

• You will have to declare bankruptcy.

• You will have to pay high taxes.

What does it mean if an investment 'takes off'?

• It is sold at a loss.

• Its value decreases significantly.

• It becomes worthless.

• Its value increases rapidly.

What is the difference between 'shares' and 'stocks'?

• Shares and stocks are the same thing.

• Shares are more valuable than stocks.

• Shares are a type of loan, stocks are not.

• Stocks are only available in the US.