EF56 Class 6

 

Good morning, everyone.

 

Today’s Agenda

·      Attendance

·      “Going to the Bank”- Everyday Dialogues

·      Continue PLOs “Prescribed Learning Outcomes”

 

Tuesday or Wednesday

·      Return Test#1

Go over

Optional RW for bonus point

·      Teach grabbers

 

 

 

**“Going to the Bank”- Everyday Dialogues

Small groups of 4,5,6 people

A.   Warm-Up Questions- discussion

B.    Vocab Preview

Practice dialogues

Later, we’ll do the dialogues in front of the class.

 

 

*one cent, a one-cent coin  hyphen-     a penny

The Canadian Mint  no longer makes one-cent coins. However, one-cent coins are legal tender.

VOCAB legal tender- you can spend them

VOCAB IOU- “I owe you” informal handwritten note for a debt

 

Internet – messenging app years ago ICQ- “I seek you.”

VOCAB seek- look for, search for  Archeologists seek  evidence of past civilizations.

VOCAB peer(v)- look intently

 

 

*five cents, a five-cent coin                     a nickel

He has five cents. He has a five-cent coin.

*ten cents, a ten-cent coin                       a dime

*twenty five cents, a twenty-five-cent coin    a quarter

*one dollar, a one-dollar coin                            a loonie

A loon is a kind of duck.

*two dollars, a two-dollar coin               a toonie

*five dollars, a five-dollar bill                   five bucks

*a ten-dollar bill                                          ten bucks

*a twenty-dollar bill                                   twenty bucks

*a fifty-dollar bill

*a hundred-dollar bill

The new phone cost five hundred bucks.

10k – ten thousand dollars

Her used car was 15k. $15,000

There are fifty-cent coins, but they are rare.

The Canadian Mint stopped producing one-dollar bills, but they are legal tender.

The Canadian Mint puts out commemerative coins every year.

You can buy sets of uncirculated coins.

You can also collect stamps.

It’s an interesting hobby.

 

seek(v) – look intently, look for something this is hard to find

 

watch- look at something that is moving

look at- see something that is not moving

observe- look at something carefull so you can learn something about it

He was in the hospital for observation.

browse- look through something casually   She likes to go to the mall and browse through clothing stores. She likes to brow through the library.

Google Chrome is a web browser.

Safari is the web brower on iphones.

Other web browser are Firefox, Edge, and Mozilla.

 

-Warm-Up Questions

VOCAB teller- a bank employee behind the counter, serves customers face-to-face   tell(v)- count- old word

ATM, ABM- automated telling machine, automated banking machine

 

teller or ATM- routine banking- deposits and withdrawals

special banking- loans, mortgages, opneing new accounts- You must make an appointment.

mortgage- mortgage specialist

private- mortgage broker- help you to find the best mortgage for you

car broker-

insurance broker-

accountant, tax specialist

real estate agent, realtor-

 

Everyone has their hand in your pocket.

 

2. How do pay for purchases?

 

credit card

debit

plastic   I’ll use plastic.

phone app- Applepay,

 

Pay cash and you will feel it.

 

Canada has plasticized bills.

 

I’ll use my card.

Card, please. Debit or credit?

You tap your card.

You have to watch/be careful of the balance on your card.

Watch what you eat.

Watch your health.

 

You can apply for a credit card.

My daughter loves to spend money. Money burns a hole in her pocket.

 

-someone spends a lot of money- spendthrift, “spends money like a drunken sailor”, extravagent spender

-someone who does not spend money-  cheap, tight-fisted, stingy, careful with money, budget-minded

A miser is a person who is stingy with money.

mean- unkind, not friendly or helpful

parsimonious(asj)- cheap

A counter is the place where you make purchases.

cashier- in a store

teller- in a bank

clerk- old-fashioned word

 

organized spending and saving for a month- budget

She budgets her money carefully. She has a tight budget.

I am on a tight budget. I don’t have much extra money. I don’t have any ‘fun money’.

In the red- owes money, not making a profit

in the black- have money, making a profit

Jusep’s store was in the red for the first year; then the business was in the black.

People who grow up poor often are very careful with money. They pinch every penny.

Watch your pennies and the dollars will take care of themselves.

Little things add up.

A penny saved is a penny earned.

Save it for a rainy day.

You can check your account balance.

You get your bank statement in the mail or by email.

You can get notications on your phone about your account activity.

He watches his account like a hawk.

The married couple have a joint account.

Some people prefer separate accounts.

 

*Vocab Preview

check US

cheque Canada

Cash is king!

She took out her chequebook.

If you have a problem with your pay at your job, contact Payroll.

There can errors on your paystub. Check it every time.

In Canada, we usually get paid every two weeks

biweekly- every two weeks

bimonthy- twice a month

You can your car insurance annually or monthly in installments.