22. Money!!

Topic 22. 26 May 2017 : Money !!

1. Why is money so important in people’s lives?

2. Do men and women often have a different attitude to money? If so, how and why?

3. Some people prefer to ‘live for the day’ while others think they should always save some money. Which group do you belong to? Why?

4. The Australian government has lately been talking about “good debt” and “bad debt”. What do you think they mean by this?

5. Many psychological studies show that for most people, the more money they have, the more they want. At the same time they become less generous. Why is this?

6. Currency (money) issued by the government used to be guaranteed by gold. Now it is not (it is called fiat currency). What happens when people lose confidence in fiat currency?

7. What will be the most expensive things you buy in your life? Are the most expensive things the same in Australia as in other countries?

8. How important is money for your idea of lifetime success? Why / Why not?

9. If you had a billion dollars, what would you do with it? Really?

10. In England 500 years ago it was common to say that “money is the root of all evil”. What did this mean? What, if anything, has changed?