Pre-Reading Questions:
- Do you like saving money? Why or Why not?
- How do you save money? Please discuss your answer.
Vocabulary:
- generation /jen-uh-REY-shuhn/
- emergency /ih-MUR-juhn-see/
- situation /sich-oo-EY-shuhn/
- ideal /ahy-DEE-uhl/
- occur /uh-KUR/
[noun] the entire body of individuals born and living at the same time
She was a famous songwriter in her generation.
[noun] situation that happens unexpectedly
His family always saves money for emergency.
[noun] the set of things that are happening
We experience different situations every day.
[adjective] best or perfect
A simple life is the ideal way of living for many people.
[verb] to happen
The accident occured during her class.
Today, most of the laborers are Millennials. They are the young workers of our generation. Some of the Millennials don’t save money for emergency funds.
Emergency funds are savings used for emergency situations. House repairment, health expenses and calamity situations are some examples. The ideal savings for emergency funds is equal to three months of living expenses.
Almost half of the percentage of the Millennial workers don’t have emergency funds. A small salary is the top reason why Millennials don’t save any money. Some of them think that emergency funds is not essential.
Saving for emergencies is important. We need to be financially prepared for the situations that may occur in the future.
There are many ways of saving money for emergency funds. Budget the salary first before we spend it and refrain from being an impulsive buyer. Being knowledgeable about our financial goals will help us avoid debt.
Emergency funds are savings used for emergency situations. House repairment, health expenses and calamity situations are some examples. The ideal savings for emergency funds is equal to three months of living expenses.
Almost half of the percentage of the Millennial workers don’t have emergency funds. A small salary is the top reason why Millennials don’t save any money. Some of them think that emergency funds is not essential.
Saving for emergencies is important. We need to be financially prepared for the situations that may occur in the future.
There are many ways of saving money for emergency funds. Budget the salary first before we spend it and refrain from being an impulsive buyer. Being knowledgeable about our financial goals will help us avoid debt.
Comprehension Questions:
- According to the article, most of the laborers are?
- What is the use of emergency funds?
- What are the examples where emergency funds can be used?
- What is the top reason why millennials don’t save?
- Based on the article, what are the ways to save money?
Discussion Questions:
- What are the perks of saving money for emergency funds?
- In your opinion, do you think it’s important to prepare for the future?
- Why do you think some people find it hard to save money? Please explain your answer.
- How do you budget your money?
- Which do you think is more important, a person’s needs or wants? Explain.