Supplementary English E 33201
Passage 2
One of the simplest and most effective ways to curb your spending
is to track your daily expenses in a journal over the course of a
month. "It's something that nobody wants to do... but most people
don't have any idea what they're making and spending," says Daniel
R. Solin, a best-selling author of the Smartest series of financial
how-to books. A firm grasp of your finances is empowering and
makes curbing spending easier.
With credit cards and online shopping, it can be easy to spend
money on various things without a second thought. The
cumbersome task of recording every single expenditure compels
you to be more aware of the amounts you are spending, which
leads to smarter and less impulsive purchases. "People learn what
it truly means to live within their means," says Solin.
6. The author indicates in the passage that tracking your daily
expenses .............
1. makes it easy for you to spend more money with credit cards
2. needs to be done throughout your life
3. is considered by most people to be pleasant to do
4. helps you be more mindful of your spending
7. The word "curbing" can be replaced by
1. controlling
2. changing
3. comparing
4. assessing
2
8. The phrase "live within their means" means
1. spend less money than they receive as income
2. stay in what they call a state of shock
3. borrow money to fulfill their daily needs
4. experience their own lives in adventurous ways
9. The likely target readers of this passage are ........
1. bank managers and salesmen
2. people who want to spend less money
3. famous authors who write about credit cards
4. real estate agents who specialize in selling luxury homes
10. Which statement best expresses the overall idea of the
passage?
1. Tracking daily expenses is a task that none of us like because
it takes a lot of time and effort to do.
2. The more you spend with credit cards for online shopping,
the more you will owe.
3. Successful people are capable of managing their finances
throughout their entire lives.
4. Tracking your daily expenses can be wearying, but it is one of
the most basic and effective ways that can help reduce your
spending