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– Credit: кредит
– High-interest debt: долг с высокими процентами
– Investment: инвестиция
– Compound interest: сложные проценты
– Wealth: богатство
Tasks
Task 1 (Beginner level):
Match the following words to their definitions:
1. Literacy
2. Pitfalls
3. Budgeting
4. Debt
5. Wealth
a. The state of being financially stable.
b. The ability to read and write.
c. Problems or difficulties that may arise.
d. A plan for managing money.
e. A large amount of valuable possessions or money.
Answers:
1. b
2. c
3. d
4. e
5. a
Task 2 (Intermediate level):
Answer the following questions based on the text:
1. Why is financial literacy important for teenagers?
2. What are some key components of financial literacy?
