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U3. Finance - Coggle Diagram
U3. Finance
2.1. Giving a friend financial advice
2.1.1. Vocabulary
Expenses/ debts/income/ savings/loan( My parents loaned me 600 to go to school- I have a student loan from the government) owe ( I owe the bank about 400 € for my loan) / borrow
2.1.2. Expressions
What’s the problem/ What are your big expenses/ What else is there/ Are you still working part time/ How much do you have in savings…
Ask questions about the situation
You might consider…/ If I were you…/ You’d better…
Giving advice
2.2. Talking about the cost of living
2.2.1. Grammar. Frequency
Monthly expenses/ early expenses/ each month ( My groceries cost about 200€ each month)/ a month/ per month( My mortgage payment is 2000€ per month)/ monthly/ every year/ twice a year/ three times
2.2.2. Expressions
Increased/gone up dramatically/ rapidly increasing/ significantly reduce/ gradually/steadily
2.4 Discussing compensation
2.4.1. Vocabulary
Compensation package= total compensation (salary + benefits)/ retirement plan/ (contribute)/medical plan
2.4.2. Expressions
I have some concerns about…./ I’m open to discussing…./ My big concern is…./ Look at this in terms of…./ Could you give more details¿/ If …./ I can’t make any promises, I ‘ll see what I can do
2.3 Writing a budget proposal
2.3.1 . Expressions
Make some hard choices/ one alternative to consider/ consider more drastic options/ one option is…/ one alternative is to…/ Our priority is…/ Only as a last resort…/ So, our priority is…/ First we push… then..
Option = choice/ alternative/possibility/drastic option