{"id":31994,"date":"2026-03-02T12:13:55","date_gmt":"2026-03-02T11:13:55","guid":{"rendered":"https:\/\/phoneenglish.es\/blog\/?p=31994"},"modified":"2026-03-03T07:01:11","modified_gmt":"2026-03-03T06:01:11","slug":"how-to-manage-your-budget","status":"publish","type":"post","link":"https:\/\/phoneenglish.es\/blog\/2026\/03\/how-to-manage-your-budget\/","title":{"rendered":"How to Manage Your Budget?"},"content":{"rendered":"\n<p><strong><em>B2 &#8211; Upper Intermediate<\/em><\/strong><\/p>\n\n\n\n<p>The population works for a living to plan efficiently their finances, but given the current state of affairs and the skyrocketing rate of inflation worldwide, are you among those who find it difficult to plan or budget their income in order to set aside a portion for the future? A very crucial question to everyone who is trying make ends meet particularly this year. <\/p>\n\n\n\n<p>Watch the video below to learn more about how to manage your budget. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"How to manage your budget?\" width=\"580\" height=\"326\" src=\"https:\/\/www.youtube.com\/embed\/qcv2eye0dzI?wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>Vocabulary Questions:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>What does \u201c<strong>golden rule<\/strong>\u201d mean?\u00a0<em>\u201cElizabeth Warren introduced a <strong>golden rule<\/strong> that promised to make budgeting obsolete.\u201d<\/em>\u00a0Use this term in a sentence. Give a similar expression.<\/li>\n\n\n\n<li>What does&nbsp;<strong>\u201csqueeze effect\u201d&nbsp;<\/strong>mean?<em>&nbsp;\u201cIncrease in rent causes a deduction in other household expenses which leads to the <strong>squeeze effect<\/strong>.\u201d&nbsp;&nbsp;<\/em>Use this term in a sentence. Give a similar expression.<\/li>\n\n\n\n<li>What is \u201c<strong>factual effect<\/strong>\u201d? \u201c<em>This is a <strong>factual way<\/strong> to measure if your housing cost is actually fair compared to the market&nbsp;<\/em>\u201d Use this phrase in a sentence and give a similar expression.<\/li>\n<\/ol>\n\n\n\n<p><strong>Discussion Questions:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>How do you come up with financial plans?<\/li>\n\n\n\n<li>Which is more financially advantageous in your specific case\u2014owning or renting a property?<\/li>\n\n\n\n<li>What financial strategies do you employ to preserve and endure the current situation?<\/li>\n\n\n\n<li>Share your insights on this, &#8220;<em>Efficient budgets are often the most fragile.<\/em>&#8221; <\/li>\n\n\n\n<li>&#8220;<em>Finances, like biology, if you don&#8217;t evolve, you die.<\/em>&#8221; Share your thoughts.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>B2 &#8211; Upper Intermediate The population works for a living to plan efficiently their finances, but given the current state of affairs and the skyrocketing rate of inflation worldwide, are you among those who find it difficult to plan or budget their income in order to set aside a portion for the future? A very [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[291,39,292,290,14],"class_list":["post-31994","post","type-post","status-publish","format-standard","hentry","category-homework","tag-b2-upper-intermediate","tag-finance","tag-first-certificate-fce","tag-listening","tag-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Manage Your Budget? | phone english blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoneenglish.es\/blog\/2026\/03\/how-to-manage-your-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Manage Your Budget? | phone english blog\" \/>\n<meta property=\"og:description\" content=\"B2 &#8211; Upper Intermediate The population works for a living to plan efficiently their finances, but given the current state of affairs and the skyrocketing rate of inflation worldwide, are you among those who find it difficult to plan or budget their income in order to set aside a portion for the future? 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