| Level | Topic | Speakers | Length |
| Intermediate | Payday Loans | Man – Woman | 01:43 |
Pre-Listening Exercise
Is borrowing money for these things a good idea? Why or why not?
- a new car
- a used car
- a vacation
- school tuition
- new clothing
- a wedding
- cosmetic surgery
- a smartphone
- a house
Idioms
“nest egg” = extra money to save for the future
“We need to have a nest egg in case the economy worsens.”
“be broke” = be out of money
“Brandon is broke, so I can’t buy any food this week.”
Listening Exercise
A. Listen to the recording and answer the questions.
Post-Listening Exercise
Listen to the conversation again. What advice can you give the man in this situation? Is he making a good choice? Are there other ways he could pay for his plans instead of taking out a payday loan? Explain.
Online Investigation
Use the internet to learn more about the advantages and disadvantages of payday loans. Are such companies or services available in your country?