B1 – Intermediate
We need to make a certain amount of money to be able to live the life we want. However, are people earning enough money to say that they are happy and financially secure these days? And another question is, how much money do we really need to be able to live without having money worries?
Read the article to know more about the amount people need to stop worrying about money.
https://breakingnewsenglish.com/2409/240926-money-worries.html
Vocabulary Questions:
- What does “money worries” mean? Give a synonym of this term and use it in a sentence. “Researchers asked more than 3,000 adults over the age of 30 about their money worries.”
- What does “financially secure” mean? “Surprisingly, the researchers reported that just 33 percent of millionaires in the study said they felt financially secure.” Use the phrase in your own sentence and give a synonym.
- What does “a sign of something” mean? “It said $100,000 was no longer a sign of financial success and wealth.” Give a synonym and use this phrase in a sentence.
Discussion Questions:
- What is your personal definition of a “stable lifestyle”?
- In your opinion, how much money should someone have to be able to say they are financially secure in your country?
- In America, “$100,000 was no longer a sign of financial success and wealth.”. Is it the same in your country? Is €100,000 does not mean financial security anymore?” Explain.
- Do you think people have more money worries now more than before? Elaborate.
- How can a person be very confident about their financial situation?
4 replies on “People Need a Hundred Thousand Dollars to Stop Money Worries”
1- My personal definition of stable lifestyle it´s when you can afford your expenses without buying anything extravagant. Your income gives you access to basic needs, expenses and personal costs.
2- Financial security depends on a person’s lifestyle, location, family situation, and goals. I should say that in Spain you can be financial secure if you have 50.000€
3- 100,000€ in savings or salary is often still seen as a strong sign of financial success.It provides comfort but it´s not considered as a wealthy person.
4- I consider that people nowadays have more money worries because of the internet. We are overexposed to advertising and social trends. We have becomed more consumerist, and online shopping is the fastest way to buy things without even getting up from the sofa.
5- Being confident about your financial situation doesn’t just mean having a lot of money, it means feeling secure, informed, and in control of your finances.
Welcome to the PE blog! Hope this exercise helps you practice and improve your writing skills even more!
Here is how this sentence can be improved further:
Here’s to more writing entries from you! Until the next one.
1.-What is your personal definition of a “stable lifestyle”?.
A stable lifestyle, to me, means living without constant financial stress, where you can cover your basic needs comfortably, save for the future, and enjoy occasional luxuries. It also involves maintaining a healthy work-life balance and having a sense of security in your personal and professional life.
2.-In your opinion, how much money should someone have to be able to say they are financially secure in your country?.
Financial security depends on personal circumstances, but in general, someone would likely be considered financially secure if they have enough to cover living expenses for several months without worrying, that allow them to maintain their lifestyle in case of unexpected events.
3.-In America, “$100,000 was no longer a sign of financial success and wealth.”. Is it the same in your country? Is €100,000 does not mean financial security anymore?” Explain.
In Spain, 100,000 euros no longer means financial security, because everything is very expensive, housing, food, education, in other words, basic products or services, due to the inflation we have.
4.-Do you think people have more money worries now more than before? Elaborate.
Yes, people may have more money worries now due to rising living costs, job insecurity, inflation, and economic uncertainty. Housing, education, healthcare, and daily expenses are becoming more expensive, leading to increased financial anxiety. Besides, the pressure to maintain a certain lifestyle can contribute to these worries.
5.- How can a person be very confident about their financial situation?.
In my opinión, confidence in one’s financial situation is achieved by having a clear financial plan, saving consistently, investing wisely, and not having debts, that is, with effort and sacrifice. In addition, I believe that one should have an emergency fund and review expenses regularly.
Interesting take on this topic! Great going with your writing practice as well.
Here is a response that can still be revised. Note how to properly punctuate it:
Continue with practicing your writing consistently.