Managing MoneyImportant Tips:1. Watch how much you spe

In this section, you will hear a short passage. For questions 21—30, complete the notes using no more than three words for each blank. The passage will be read only once. Remember to write the answers on the answer sheet.
    Good morning everyone. Today I’m going to talk to you about how to manage money. I’m afraid I’m not going to tell you how to get rich quickly, but I will tell you some simple things you can do and that will help you save more money. So, I’m going to give you five tips... simple but important advice to make sure you manage your money successfully.
    Now the first point is about how much you spend. It’s really important that you don’t overspend. For example, if you earn $2000 a month, don’t spend $2500. This is really simple. Spending less doesn’t have to be difficult. You can just cut back or reduce what you spend by a little , just a few small things, then it can make a big saving. Maybe just buy one cup of coffee a day, instead of two. These small changes can make a difference.
    Ah, the next point is about how much you earn. It’s important that your salary is appropriate for your job. Find out how your salary compares to other people doing the same kind of job in two or three companies. If you’re going to work long hours or have lots of responsibility, you need to make sure you’re getting paid enough.
    Another important point is that you need a budget. That’s a simple plan of what you spend your money on. If you have a plan, it will make saving money a lot easier. Everyone needs a budget. It doesn’t matter how much money you earn...I can’t stress this enough. Make sure you have a budget! And make sure you use it. Don’t just write it and forget about it.
    OK, now my fourth point is about managing your debt. Before you borrow money, think about what you are borrowing it for. It’s a good idea to borrow money to buy assets, for example, to buy a house. And it’s a good idea to pay for your education. These things will still be worth something when you have finished paying off the debt. It isn’t a good idea to borrow money for non-essentials, for example, expensive clothes, holidays or dinner at a nice restaurant. If you use credit cards for these things, it’s important you know how much you are spending on them. Then, when the bill comes, pay the total bill every month. Don’t just pay the minimum amount because you will always pay more, the interest what the credit card company adds on.
    And my final tip for managing your money is to plan your savings. It’s a good idea to save a-bout ten percent of your salary every month. Include this saving in your budget and try and increase how much you save every year. You could do this by increasing what you earn or decreasing what you spend, or both! Saving money is a lot more positive than paying the bills. So, there are five tips for managing your money successfully. They are simple but they work.