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Unit 6 Reading: Managing Money

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Unit 6 Reading: Managing Money

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Unit 6 Reading: Managing Money

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Unit 6 Reading: Managing Money
 

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Unit 6 Reading: Managing MoneyOnline version

Unit 6 Reading: Managing Money

by Socheath Nhen
1

Every person has income , usually earned from work or business . Part of it goes to ( 1 ) , like food , rent , and transportation . To grow wealth , people can make investments or save in banks to earn ( 2 ) . Businesses also face challenges : if demand for their products is higher than the ( 3 ) , they can earn more profit , but if demand falls , losses may occur . ( 4 ) can make everything more expensive , making it harder for families to manage their money . Sadly , some people live in ( 5 ) , meaning that cannot make money to cover for their expenses . This even makes it more difficult when there is a ( 6 ) such as disease , famine , and economic depression , which can hurt people even more . As a way to deal with an uncertain ( 7 ) , people should ( 8 ) to manage their money properly . For example , they should learn how to make extra income , make spending plans , make investments when ( 9 ) , and never fall into unnecessary ( 10 ) . These financial habits can help them avoid many burdens in the future .

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