B2 – Upper Intermediate
In the digital age, millennials might be in need of specific budgeting strategies tailor-fitted to their financial needs and challenges, handling student loan debt, managing irregular income streams, balancing discretionary spending with saving for long-term goals like homeownership or retirement, and utilizing technology for budgeting purposes, to name a few.
Read this article about the financial challenges and how to they can be effectively managed in the digital era.
Vocabulary Questions:
- What does “at one’s disposal” mean? “From digital payment platforms to investment apps, millennials have a wide range of tools at their disposal.“ Give two (2) synonyms or similar expressions and use ‘at one’s disposal’ in your own sentence.
- What does “round-up savings” mean? “Additionally, explore investment platforms that offer features like round-up savings or recurring investments.” Use it in a sentence.
- What does “to diversify one’s portfolio” mean? “Understand the risks involved and diversify your portfolio to minimize potential losses.” Use it in a sentence.
Discussion Questions:
- How does the article address the unique financial challenges that millennials face, and what are some specific strategies recommended for overcoming these challenges through budgeting?
- Are there any insights provided in the article regarding how millennials can navigate irregular income streams or variable expenses while maintaining a budget, and what practical steps are recommended to address these issues?
- Does the article discuss the balance between short-term discretionary spending and long-term financial goals for millennials, and if so, what advice does it offer for prioritizing and achieving these goals through budgeting?