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Unit 10
          Money                              Reading; Speaking




           6  Monitor and prompt students
             to keep talking, but as this                                                             MONEY  UNIT 10
             is a fluency activity, do not
                                                                 M   NEY:
             interrupt to correct mistakes.
                                                                        £
             While monitoring, note down                         M   NEY:
             any common errors to review
             as a class at the end by writing            PAST, PRESENT AND FUTURE
             a mix of correct and incorrect
             sentences on the board, ensuring
             anonymity. Ask students to             Thousands of years ago, people started using
             identify and correct the mistakes      metal coins as money to buy and sell things.
                                                    But the coins were heavy, so paper money was
             during feedback.                       invented. Different payment systems evolved
                                                    through time and now we also use credit and
                                                    debit cards. These cards often have to be
                                                    put into a machine and then a PIN has to be   WE ARE
              Homework                              tapped in – but that practice is disappearing   CASHLESS
                                                    with contactless cards and smartphone apps
                                                                                   Please note we only
           Ask students to keep a journal for       becoming more and more popular. So, cash has   accept credit/debit cards
                                                    mostly been replaced by alternative payment
           two or three days and make a note        methods. And things don’t stop there: it’s   at this location
           of the money they spend, what they       possible that some countries will soon be
                                                    completely cashless. For example, it’s predicted
           spend it on and whether they could       that no one in Sweden will be using cash at all
           have saved the money instead.            by about 2025.
                                                    So, what is the future of money? Twenty years   Worry-free shopping. No machines or long
                                                    from now, will we still be using cash? The answer   check-out queues. No more heavy wallets or purses.
                                                    is undeniably no. And it’s highly likely that bank   This all sounds very positive, but there are possible
           Activity idea  Extension                 cards are on their way out as well. This is happening   disadvantages, too. Technological advancement,
                                                    already: the use of smartphones, smartwatches   as we all know, brings many positives but also
           The article includes several time        and electronic wristbands has allowed people,   forces us to consider other matters. Will fraud,
           expressions which refer to periods       in many situations, to avoid using cash or cards.   especially online, get easier? And as our money
                                                                                systems become more dependent on computers,
                                                    Some apps let us transfer money from phone to
           of time or points in time. Point         phone like a text message, which makes it a quick   how can we make sure that the computers don’t
           out the first example to students        and easy way to repay a friend if you owe them   fail? Security might get better as we increase our
                                                                                use of things like fingerprint and face identification,
                                                    money. Increasingly, people are making ‘invisible’
           (Thousands of years ago in line 1).      payments for things like car rides – you choose   but will they be used to invade our privacy by
           In pairs, students race to underline at   a car, you take the ride, the money automatically   gathering information about our movements?
                                                                                By far, that’s the most important question.
                                                    comes out of your registered card. You can even
           least four more time expressions in      include a tip for your driver this way! Perhaps we   Questions like these won’t go away easily. We are
           the article. Answers: now, by about      will soon be doing this in places like supermarkets,   in a state of change, and there are many different
                                                    too – you’ll get your goods, a reader will record the
           2025, Twenty years from now, in          details of what you’ve bought as you leave and   future possibilities. Perhaps unimagined payment
                                                                                methods will be developed. It will be interesting
           20 years’ time.                          the amount will be taken automatically from your   to see how things move forward, but one thing is
                                                    account. And if you need a refund, the money is put   for sure – in 20 years’ time, we won’t be buying,
                                                    back in your account as easily as it was taken out.  selling and paying the same way that we do now.
                                                     SPEAKING
                                                  6  Work in pairs. Discuss these questions.
                                                    1  Do you think a cashless society would be a good idea? Why or why not?
                                                    2  Do you think there will still be coins and banknotes in 30 years’ time? Why or why not?
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                                                                                              more


                                                                                  Worksheets
                                                                                  Project All about money
                                                                                  Communication Money
                                                                                  Get     ing Do you think it would be
                                                                                  possible to live without money?

                                                                                              Unit 10 | Money T93
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