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    Exercise, Cambridge 5 Test 1, Section 4, Intermediate

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    Dokter Anestesi

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    Exercise, Cambridge 5 Test 1, Section 4, Intermediate

    Uploaded by

    Dokter Anestesi
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    9 views5 pages

    Exercise, Cambridge 5 Test 1, Section 4, Intermediate

    Uploaded by

    Dokter Anestesi

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    EXERCISE

    CAMBRIDGE 5 TEST 1 SECTION 4

    OK, so we've been looking at the (1) ______________ of various ________________

    and ________________ groups (2) ______________ the management of their (3)

    _________________ _________________ - how important they feel it is to save

    money, and (4) what they save ________________ ______________ __________.

    One (5) _________________ that we haven't (6) _____________ ________________

    is gender. So if we consider (7) __________________ _________________ we're

    basically asking whether men and women have (8) _______________ _____________

    towards saving money, and whether they save money for different (9) _____________:

    Back in 1928 the British writer George Bernard Shaw wrote in his

    (10) _________________ _______________ ______________ to Socialism and

    Capitalism that A man is (11) _________________ __________ understand politics,

    economics and finance and is (12) __________________ unwilling to accept essential

    instruction.' He also said, 'A woman, having (13) ____________ _________________,

    is far more willing to learn'. Now, though these days people might question a lot of the

    (14) __________________ _________________ in those statements, recent research


    (15) __________________ _________________ that there are some quite (16)

    ____________________ __________________ between men and women in their

    attitudes to (17) _____________________ _____________________.

    Let's look at what men and women actually save for. Research studies of women in (18)

    ________________ ________________ have found that women are (19) ________

    ___________ ____________ to save for their children's education and they are also

    more likely to save up (20) _________ _______________ _________ buy a house

    one day. The same studies have found that men, on the other hand, (21) ________

    _________ _____________ for a car, which by the way takes a (22)

    ________________ large amount of the (23) _________________ _______________

    in North America. But the other (24) _________________ ________________ for men

    when saving money is their (25) ________________. When they're earning, they're far

    more likely to (26) _______________ money (bonus) _______________ for their old

    age than women are.

    Now this is (27) _________________ _________________, because in fact the need

    for women to save for their (28) _________________ ________________ is far greater

    than for men. Let's consider this for a moment. (29) ________ ____________ ______,

    it is a fact that (30) ________________ the world, women are likely to live (31)
    _____________ _______________ ______________ than men, so they need money

    to (32) __________________ them during this time. Since women are likely to be the

    ones (33) __________________ without a (34) _________________ in old age, they

    may therefore have to pay for (35) __________________ ________________,

    because they don't have (36) _________ ____________________ to look after them.

    (37) _________________, the high divorce rates in North America are creating a (38)

    ___________________ ______________ for women. It is the (39) _______________

    ___________________ who will most often have to look after the children and (40)

    __________________ they need more money to look after not just themselves but (41)

    __________________.

    So what can be (42) ________________ ______________ this situation? The

    population in North America is (43) _______________ _____________ ____________

    an increasing number of (44) ______________ women. The research indicates that

    (45) __________ ________________ for women it takes (46) _______ ____________

    to make them think about their future financial situation. But of course this is the very

    (47) ________________ _______________ for anyone to make important (48)

    ________________. Women today need to (49) _______________ ______________,

    (50) ________________ _______________ - not wait until they're (51)


    ________________ ________________. Even women in their (52) _____________

    ________________ need to think about (53) __________________, for example, and

    with increasing numbers of women in (54) _________________ __________________

    there are signs that this is beginning to happen. Then research also suggests that

    women (55) _______________ ______________ effectively with their economic

    situation because of a (56) ________________ of (57) __________________. The best

    way for them (58) __________ _________________ this is by getting themselves (59)

    ______________ _______________ so they are less (60) ______________ _______

    other people's advice. A number of (61) _________________ have been (62)

    ______________ ______________to help them do this. This College, for example, is

    one of the educational institutions which offers (63) ______________ ______________

    in Money Management, and increasing numbers of women are (64)

    __________________ ___________ such courses.

    Here, they can be given (65) _______________ on different ways of saving. Many

    women are (66) __________________ ___________ _________________ in stocks

    and (67) ___________________, for instance, but these can be extremely (68)

    _______________________. It is usually advised that at least 70% of a person's

    savings should be in (69) ______________-_________________ investments but for

    the (70) _________________, financial advisors often advise taking some (71)
    ________________-________________ risks. Initiatives such as this can give women

    the economic skills and knowledge they need for a (72) _________________,

    __________________ retirement. The (73) ________________ _________________

    of elderly women in the population is likely to have other (74) __________________

    ___________________...

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