UNIT 27

I need money,

I need a loan

I have to save money

- Where are you going so fast ?

- To the bank. I gotta apply for a loan

- Why? What happened?

- It ’s for my son ’s college.

He was accepted in Harvard

- Do you know a pawn shop nearby, Frank ?

- Yes. On the corner of Lincoln and Sunshine street.

But what are you gonna do there ?

- I´m gonna pawn these golden earrings.

I have an emergency. I need money now

- How much do you need ?

- I must get 2,000 dollars

- I´ll get it, and you´ll pay me later with no interests.

- Hey, thanks. But you don´t have to.

- That´s what friends are for.

1. I ’m going to deposit some money in the bank

- So you are saving. Lucky you.

I can hardly survive with my salary

- I ’m sorry. I’m saving some money

because I wanna buy something

- Tell me, how can you save ?

- I take 10% of my income only

for this purpose: saving

2. I wanna open a saving account.

- Sit down, please.

I need your social security number.

- Here you are

- You have to fill in this form

When you finish, go with the teller.

To open the account you have to deposit $50

3. As soon as I pay off my debt with the money lender,

I will save some money

- How much do you take to pay your debt ?

- I try to take out 20%,

but sometimes it’s hard

- I guess the faster you pay, the better you’d be

- Yeah, that bloodsucker is taking

all my money

- What is the interest rate you pay

to that loan shark?

- I don’t know, but I think is more than 20%

- In a year ?

- No, every month !!!

- You’re kidding me !