INTRODUCE
In 2020, it was reported that almost 50% of Americans have credit card debt.
PRESENT
STEP A EXPRESSIONS
Go over the first two expressions with your tutor and answer the questions. Then, guess the meaning of the third expression based on the clues provided.
1. To pay one’s credit card in full means to pay the whole credit card bill at once.
If you don’t pay your credit card in full, you’ll end up paying a lot more money in the long run.
Q: In Japan, is it required to pay your credit card in full every month?
2. To be in debt up to one’s eyeballs means to owe a large amount of money.
Ted’s working two jobs because he’s in debt up to his eyeballs.
Q: What’s one reason for someone to be in debt up to his/her eyeballs?
3. .
Erin went on a shopping spree last weekend. She bought three pairs of shoes and two luxury bags.
Q: What do you think go on a shopping spree means?
STEP B SPEAK YOUR MIND
Sometimes you want to express that you find a person’s actions shocking.
Did you hear? Harold got angry during a meeting and walked out in the middle of it!
Whoa, seriously? I can’t imagine myself doing that.
UNDERSTAND
LISTENING
Miki and Angela are shopping in New York. Angela just spent over $2,000 at one store and paid for everything with her credit card, which surprised Miki.
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TRIVIA
In Japan, you’re often asked by cashiers how many installments you want to pay in (分割払い). However, in the US, this doesn’t happen because credit cards don’t have to be paid in full each month. Most credit card companies will allow you to pay just the minimum, which is usually a small set fee of $25 or 1%-2% of the total bill.
PRACTICE
Replace the underlined parts with expressions from the box. Some expressions may be used more than once, and the form of some expressions may need to be changed.
Did you hear what happened to Arthur? Well, when he and his girlfriend broke up, he went to the mall and bought a ton of clothes, shoes, and accessories for his phone. He charged everything on his credit card. When his credit card bill came the next month, it was for $10,578! He decided to just pay the minimum for a while, but the interest grew and grew, and he ended up owing more than $20,000! He realized that this was a major problem, so he started working a second job on the weekend. After a year and a half, he was finally out of debt. He said he learned two things from this experience: Don’t go buying a lot of stuff when you’re sad, and always pay your whole credit card bill at once!
CHALLENGE
Challenge 1
Your friend is excited because he/she just got his/her first credit card. Listen to a financial advice podcast. Then, talk to your friend about it.
Today's Expressions
- pay one’s credit card in full
- be in debt up to one's eyeballs
- go on a shopping spree
Speak Your Mind
- I can't imagine myself doing that.
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Challenge 2
What do you think? What does your tutor think? Discuss.
If TimeAllows
1 CREDIT CARDS |
2 SPENDING MONEY WISELY |
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1 CREDIT CARDS
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2SPENDING MONEY WISELY
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FEEDBACK
I can listen to and understand someone talking about credit cards.
LESSON GOAL ACHIEVEMENT
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4
Very GoodCould complete the task with ease
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3
GoodCould complete the task with some clarifications
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2
FairCould complete the task with additional instructions
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1
PoorCould somehow complete the task with difficulty
PERSONALIZED FEEDBACK
- RANGE
the ability to use a wide variety of vocabulary - ACCURACY
the ability to speak correctly - FLUENCY
the ability to speak smoothly without pauses or fillers - INTERACTION
the ability to manage a conversation
