Describe an expensive gift that you would like to give someone when you save a lot of money
You should say:
● What the gift is
● Who you will give the gift to
● How long it will take to save the money
● And explain why you would like to give the gift to this person
Sample answer to describe an expensive gift
If I were to save a significant amount of money, I would like to give an expensive piece of jewelry as a gift. Specifically, I would choose a diamond necklace, renowned for its elegance and timeless beauty. I would present this gift to my mother, who has been a constant source of love, support, and encouragement in my life. Saving enough money to afford such an exquisite gift would require considerable dedication and financial discipline. Given my current income and expenses, I estimate that it would take me approximately one year to save the necessary amount. However, the duration may vary depending on unexpected circumstances and financial obligations that may arise during the saving period.
I would like to give this gift to my mother because she has always put my needs and desires before her own. She has made countless sacrifices to ensure my well-being and success. By presenting her with this luxurious gift, I would express my deep gratitude and appreciation for her selflessness and unconditional love. The diamond necklace would symbolize her invaluable worth and serve as a token of my admiration and affection.
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describe an expensive gift
Part 3 – describe an expensive gift
What do young people like to save money for?
Young people often save up for a bunch of different things. A lot of them are putting money aside for big goals like college or traveling – those experiences that can really shape who they are. Then there’s the tech stuff, like the latest phones or laptops, because staying connected and having cool gadgets is pretty important to them.
Advanced Vocabulary:
- Putting money aside: The act of regularly saving money for future use or specific goals.
- Staying connected: Remaining in contact with others, often through digital means like smartphones or social media.
Phrase Verb:
- Save up for: To accumulate money over time to make a significant purchase or investment.
Is it easy for people to save money to buy something expensive?
Saving up for big-ticket items can be tough, especially now with prices going up and the economy being unpredictable. Whether someone can save enough really depends on how steady their income is and how smart they are with their money. It’s all about being disciplined, thinking ahead, and not giving in to buying small stuff all the time, so you can eventually get your hands on those big things you really want
Should children have pocket money? Why?
Yeah, I think kids should definitely get some pocket money. It’s a great way to teach them financial literacy – understanding how money works in the real world. Plus, it helps them develop responsibility; they learn to budget and make decisions about spending and saving. It’s not just about having cash to spend, it’s about getting those key life skills early on.
Advanced Vocabulary:
- Financial literacy: Understanding and effectively using various financial skills, including personal financial management, budgeting, and investing.
- Responsibility: The state or fact of having a duty to deal with something or of having control over someone.
Phrase Verb:
- Learn to budget: To acquire the skill of planning and allocating finances in an efficient and prudent manner.
Should children learn how to use money at school or from their parents?
I reckon children should learn about money both at school and from their parents. Schools can provide structured financial education, giving kids the basic know-how about budgeting and saving. But parents play a crucial role too; they can offer real-life examples and mentor their kids in day-to-day money management, like showing them how to shop wisely or save up for something special.
Advanced Vocabulary:
- Financial education: The teaching of skills and knowledge that enable an individual to make informed and effective decisions with their financial resources.
- Mentor: To advise or train someone, especially a younger or less experienced person.
Phrase Verb:
- Shop wisely: To make informed and judicious decisions when purchasing goods, considering factors like cost, necessity, and value.
How do people save money?
People save money in different ways, depending on what works best for them. A common method is to set aside a portion of their income regularly – like a chunk of their paycheck goes straight into savings. Others might cut back on non-essential spending, you know, like eating out less or skipping that extra coffee. It’s all about finding a balance between your current needs and future financial goals.
Advanced Vocabulary:
- Non-essential spending: Expenses that are not absolutely necessary.
- Financial goals: Targets or objectives related to the management of money, such as saving a certain amount.
Phrase Verb:
- Cut back on: To reduce the amount or number of something, especially in order to save money.
Why can’t some people save money?
Some folks find it hard to save money for a few reasons. First off, if their income barely covers basic living expenses, like rent and food, there’s not much left to put aside. Plus, unexpected expenses can pop up – things like car repairs or medical bills. And let’s be real, for some, resisting the temptation to spend on the latest gadgets or fashion can be tough.
Advanced Vocabulary:
- Basic living expenses: Essential costs required for daily living, such as housing, food, and utilities.
- Unexpected expenses: Costs that arise without warning and are not regularly planned for.
Phrase Verb:
- Put aside: To save money for future use or a particular purpose.
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