TOPIC 9 – Talk about an idea to make more money

TOPIC 9 – Talk about an idea to make more money.

BAND 8.0+

PART 2

Alice (English US)

George (English US)

What is the idea?

Why did you think of this idea?

What steps do you need to make this idea a reality?

What will you do with the extra money if your idea works?

ANSWER

We are living in the era of Industry 4.0, so I believe we have countless ways to make money.  As an English teacher, I believe the best way to make money should be related to my expertise in the field.

I’ve been thinking of a great idea that is very lucrative in the long run. I really thought about this deeply several years ago when I came to the realization that the demands for IELTS increase around the world, especially in my country. So the idea is to create a YouTube channel specializing in IELTS.

There are several steps that need to be taken.

Firstly, I need to gather a group of IELTS test takers who have high band scores, at least 8.0. because with that band, I think they have extensive knowledge to share with others and to make them believe in us.

Secondly, I create a YouTube channel and choose the best name for it, like “ IELTS for yourself” to make my channel easy to remember and familiar.

Next, we will share IELTS resources and any tips to make them have a better score and instruct the learners on how to manage their time to achieve their goals. And share our knowledge as well. They’re absolutely free of charge.

Once my channel becomes renowned, we will hold a variety of classes because IELTS is really in demand for most students in my country.

When this project starts making money, I will invest it in my career, expand my center, and donate money to some charities in my country as well.

 

PART 3

Alice (English US)

George (English US)

 

  1. Have you taken any steps so far to start this project?

Yes, I have. I have a group of friends; we work and learn together, and we’re working on IELTS to get the highest score, at least 8.0. That’s why I’m here right now to take the IELTS test.

  1. Why do many people invest a lot of effort to make more and more money?

I think that nowadays people are really materialistic, and they want to make as much money as possible so that they can buy luxury items like penthouses, mansions, or convertible cars.

Honestly, I want to support my family and have a better life, so I will make any effort to achieve it.

  1. Is this always good?

It’s most of the time. Because they can have more money and lead a luxurious life. It depends on the way people think.

  1. How have money-making opportunities changed from one generation to the next?

This is a tricky question.

During my parents’ time. People used to invest money in land and businesses.

Nowadays, people invest their money in new investments like cryptocurrencies, and stocks, and make money online.

  1. What new opportunities may be available in the future to make more money?

I think that we should invest in and control resources like fresh water or air because the human population is increasing and the resources are decreasing.

  1. Some people feel that it is important to save as much money as possible. Is this a good idea?

Saving money is a great idea because we can buy a house, accumulate funds for our retirement, or purchase a vehicle. We can secure your future.

  1. What does it mean to have financial freedom?

Financial freedom usually means having enough savings, financial investments, and cash on hand to afford the kind of life we desire for ourselves and our families.

  1. What are ways that people achieve financial freedom?

There are several ways to have financial freedom, like having a successful business, sufficient savings, or being lucky enough to win the lottery.

  1. If a person has reached financial freedom, What is a good way to invest their time afterward?

Once a person gains their financial freedom, they can do whatever they want. But I think it’s better to be a philanthropist to help people in need and nature or find a charity to empower people to lead a healthy or successful life.

VOCAB

  1. in the era of Industry 4.0 (trong thời đại Công nghiệp 4.0)
    • Phiên âm: /ɪn ði ˈɪərə ʌv ˈɪndəstri fɔːr pɔɪnt ˈzɪərəʊ/
    • Ví dụ: With the advancements in technology, we are now in the era of Industry 4.0.
  2. lucrative –adj- (thu lợi, sinh lợi)
    • Phiên âm: /ˈluːkrətɪv/
    • Ví dụ: Real estate can be a lucrative investment if done wisely.
  3. come to the realization that (nhận ra rằng)
    • Phiên âm: /kʌm tuː ði ˌriːəlɪˈzeɪʃ(ə)n ðæt/
    • Ví dụ: After years of reflection, she came to the realization that happiness lies within oneself.
  4. renowned –adj- (nổi tiếng, được biết đến)
    • Phiên âm: /rɪˈnaʊnd/
    • Ví dụ: He is a renowned scientist in the field of physics.
  5. Materialistic –adj- (chủ nghĩa vật chất)
    • Phiên âm: /məˌtɪərɪəˈlɪstɪk/
    • Ví dụ: Some people prioritize materialistic pursuits over spiritual or emotional well-being.
  6. convertible cars (xe có thể gập mui)
    • Phiên âm: /kənˈvɜːrtəbl kɑːrz/
    • Ví dụ: He enjoys driving his convertible car with the top down on sunny days.
  7. make any effort ( nỗ lực )
    • Phiên âm: /meɪk ˈɛni ˈɛfərt/
    • Ví dụ: She didn’t make any effort to improve her skills and expected success to come easily.
  8. lead a luxurious life (sống một cuộc sống xa hoa)
    • Phiên âm: /liːd ə ˌlʌkʃəˈriəs laɪf/
    • Ví dụ: The wealthy businessman leads a luxurious life, with extravagant vacations and expensive possessions.
  9. cryptocurrencies -n-(tiền điện tử)
    • Phiên âm: /ˌkrɪptəʊˈkʌrənsiz/
    • Ví dụ: Bitcoin is one of the most popular cryptocurrencies in the market.
  10. Accumulate –v- (tích lũy, chất đống)
    • Phiên âm: /əˈkjuːmjəleɪt/
    • Ví dụ: Over the years, he managed to accumulate a significant amount of wealth through smart investments.
  11. secure future (tương lai đảm bảo)
    • Phiên âm: /sɪˈkjʊər ˈfjuːtʃər/
    • Ví dụ: Saving and investing early can help ensure a secure future.
  12. philanthropist -n-(nhà từ thiện)
    • Phiên âm: /fɪˈlænθrəpɪst/
    • Ví dụ: The wealthy philanthropist donated a large sum of money to support education in underprivileged communities.
  13. lead a healthy or successful life (sống một cuộc sống khỏe mạnh hoặc thành công)
    • Phiên âm: /liːd ə ˈhɛlθi ɔːr səkˈsɛsfʊl laɪf/
    • Ví dụ: Eating a balanced diet and exercising regularly can help lead a healthy life while setting goals and working towards them can contribute to a successful life.

 

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Composed by Ms.Ngọc IELTS