36 Money

A

B Coping with money

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Hi Sara, How are you coping fi nancially this term? My parents had to bail me out1 last week. I’d run through2 a huge amount of money without realising it and I couldn’t pay my fees. But they coughed up3 without a protest. I guess I’ll have to work off 4 the debt in the holidays. Expensive being a student, isn’t it? Freyda

1 help a person or organisation to get out of diff iculty by giving them money 2 spent a lot very quickly 3 (informal) provided money, oft en unwillingly 4 reduce the size of a debt by earning money to pay for it

I can’t believe my mobile phone bill. It gobbles up5 a large part of my salary every month. And I’ve had so many other bills! I’ve had to break into6 my savings and use money I’d put by7 for the holidays.

5 (informal) uses a lot of something, especially money 6 start to use an amount of money that you have been saving 7 saved in order to use it later

8 (informal) cost a particular amount of money, usually a large amount 9 (informal) you used all the money you had on it 10 (informal) pay somebody the money that you owe them

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Hi Matthew, Just back from my trip to South America, which was fantastic, but it set me back8 €8,000 and cleaned me out9 completely. I was just wondering if you could lend me a couple of hundred euros? I’ll square up10 with you when I get my next pay cheque. Robert

I came into11 some money recently. My great aunt died and left me a very generous sum and I got a big bonus at work last month, too, so the money’s been rolling in! 12 I’m seriously considering buying a flat and renting it out.

11 got money from someone who died 12 (informal) arriving in large amounts

Financial services

If you are unable to pay everything in the same month, we’ll arrange for your payments to be carried forward to the next month. What are the best ways of ploughing back1 pro ts into a small business? Call us for advice.

1 putting money that you have earned into a business in order to make the business bigger or better

2 save money for a particular purpose

If your aim is to put aside2 money regularly, our monthly savings plan enables you to pay a regular sum into your bank account each month.

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Answer these questions about the verbs on the opposite page.

1 Which five verbs in A suggest that a large amount of money is being spent or received? 2 Which three verbs suggest that someone is putting money into a bank account or saving it in some other way? 3 Which two verbs in A suggest that someone is paying back a debt in some way? 4 Which verbs are more informal ways of saying: a) settle a debt c) make someone spend all their money b) give someone money to help them d) use a lot of money rapidly 5 Which verb relates to earning money from property?

Complete these sentences using phrasal verbs from the opposite page.

1 My parents told me not to rely on them to me out if I got into debt. 2 I couldn’t pay everything this month, but I’ve been allowed to carry the remainder to next month. 3 The burglars took everything I had; they totally me out. 4 Have you managed to any money by for the holidays? 5 My car is terribly expensive – it seems to gobble all the money I earn. 6 If you can lend me £100, I’ll up with you when I get paid. 7 Buying property and then it out is supposed to be a very good investment. 8 Every birthday, Grandpa gives me some money to into my savings account. 9 For the first couple of years, we ploughed our profits into the business.

Match the beginning of each sentence with its ending, completing each sentence with the correct particle.

1 It is going to take me ages to work a) more than I had anticipated. 2 For the first few years, we ploughed b) some money on your gran’s death. 3 Do try to put a little bit of money c) my student debts. 4 I’m grateful to my mum for coughing d) my savings for as long as I can. 5 You will certainly come e) enormous sums of money. 6 Buying a car unfortunately set me f) enough money for me to buy a car. 7 I want to put off breaking g) all our profits into the business. 8 Chris started gambling and he ran h) each month for a rainy day.

Here are some more phrasal verbs relating to money. Work out from the context what they mean and rewrite the sentences replacing the underlined verbs with a word or phrase that means the same.

1 I never had much money when I was a student but I managed to scrape by somehow. 2 If everyone chips in, then we should be able to afford a nice leaving present for Beth. 3 Rashid’s been raking in money ever since he had that brilliant idea for a website. 4 At the bakery it was Amanda’s job to cash up at the end of every day. 5 Jason staked a ridiculous amount on a horse race and, needless to say, he lost it all.

Answer these questions.

1 How much did your last holiday set you back? 2 What kinds of things do people usually put money aside for? 3 What, apart from a flat, might gobble up your money? 4 What do you think it is worth breaking into savings for? 5 Who would you ask to bail you out if you had financial problems?