UNIT 3 REVIEW

Marian Bates receives her salary on the last Friday of every month. By the end of the next month,

she has no money left. She (a)  

Paul and Clare Oliver never pay their credit cards in full, and every month the balance

on their card is bigger. They're (a)  

Cheryl spends more than she earns. She buys everything she likes no matter

how expensive it is. She (a)  

Mary's mother gives her money every week for transportation to and from school, but

by Thursday the money's gone. She can't understand why she is out of money. Mary (a)  

Mary and Bill have everything they need and never spend more than they earn.

• They are drowning in debt.

• They live within their means

• They live pay check to pay check.

Alex earns a small salary, but he's a big spender, so he's always out of cash.

• He saves regularly.

• He saves for a rainy day.

  
  

• He lives beyond his means

Sam acts as if he thinks money grows on trees. He can't remember where he spent this week's allowance.

• He doesn't know where the money goes.

• He is a big spender.

• He is a cheapskate.

The Wilsons spend everything they earn and have almost no saving in the bank.

• They live paycheck to paycheck.

• They save regularly.

• They live within their means.

Sheila always knows where her money goes. Everyday she writes down evrything she has bought.

• She lives paycheck to paycheck.

• She keeps track of her expenses.

• She is drowning in debt.

Some people say Mary and Jane are thrifty. They don't spend too much, and they always have money in the bank for a rainy day.

• They save regularly.

• They don't know where the money goes.

• They are big spenders.