Lesson: How to get rich

Conversation

Answer the following questions. You might be asked to write them down or answer them out loud.

1. What role does money play in your life?
2. Do you want to be rich? Why?
3. What was your first job?
4. Do you worry about building a career?
5. What do you do that makes you poorer?
6. What do you do that makes you richer?
7. Do you play the lottery? Why?
8. Did you ever wish to become famous?
9. Do you see yourself as a hardworking person?
10. Tell me about someone famous you'd like to meet and why.

Vocabulary

Look at the vocabulary below. Take time to explore the links for their definitions in English and their translations to Portuguese. When you are done, make a sentence with each word. Ask your teacher if you should write them down or say them out loud.

DT   feat

DT   liabilities

DT   incredibly

DT   lifetime

DT   otherwise

DT   pocket

DT   real estate

DT   stock

DT   assets

DT   grow

DT   exponentially

Video

Watch the following video but DON'T read the transcript yet.

After watching the video do this listening exercise.

Reading practice

Read the following transcript then do the associated reading comprehension exercise.

ExpandTranscript:

So, you are relatively poor. Well, other people seem to be incredibly rich. But, getting rich seems like a mysteriously complicated feat, right? Maybe win the lottery someday, become a movie star or maybe end up in the right place at the right time and get that once in a lifetime opportunity. Otherwise, you're just good at being poor.

Hey, here is the thing, becoming rich is very similar to becoming poor. See, the way you get poor is like this: you work hard and buy things that take money out of your pocket. These are what richy-pants financial people call liabilities - and if you keep acquiring these liabilities, eventually, you will be poor. Guaranteed. Now, becoming rich is pretty similar, you still work hard, you still buy things, except, you buy things that put money in your pocket. Things like real estate, businesses, stock, things called assets and assets generate money for you, even when you're not working, which grows exponentially with the more assets you buy. And if you keep buying these assets, soon, you will be rich.

Writing practice

Write a couple of paragraphs giving your opinions and thoughts on the advice given in the video. Make sure to use words you learned in this lesson and try to make it as long as you can. This is your opportunity to show off your writing skills.

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