May 23, 2013 14:25 UTC

Words and Their Stories: Money (Part 1)

Read, listen and learn English with this story. Double-click on any word to find the definition in the Merriam-Webster Learner's Dictionary.

Twenty Powerball Winners in Iowa will split a $241 million lottery windfall they won earlier this monthTwenty Powerball Winners in Iowa will split a $241 million lottery windfall they won earlier this month
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Twenty Powerball Winners in Iowa will split a $241 million lottery windfall they won earlier this month
Twenty Powerball Winners in Iowa will split a $241 million lottery windfall they won earlier this month

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Now, the VOA Special English program WORDS AND THEIR STORIES.
 

I think people everywhere dream about having lots of money. I know I do. I would give anything to make money hand over fist. I would like to earn large amounts of money. You could win a large amount of money in the United States through lotteries. People pay money for tickets with numbers. If your combination of numbers is chosen, you win a huge amount of money – often in the millions. Winning the lottery is a windfall.


A few years ago, my friend Al won the lottery. It changed his life. He did not have a rich family. He was not born with a silver spoon in his mouth. Instead, my friend was always hard up for cash. He did not have much money. And the money he did earn was chicken feed – very little.


Sometimes Al even had to accept hand-outs, gifts from his family and friends. But do not get me wrong. My friend was not a deadbeat. He was not the kind of person who never paid the money he owed. He simply pinched pennies. He was always very careful with the money he spent. In fact, he was often a cheapskate. He did not like to spend money. The worst times were when he was flat broke and had no money at all.
 

One day, Al scraped together a few dollars for a lottery ticket. He thought he would never strike it rich or gain lots of money unexpectedly. But his combination of numbers was chosen and he won the lottery. He hit the jackpot. He won a great deal of money.


Al was so excited. The first thing he did was buy a costly new car. He splurged on the one thing that he normally would not buy. Then he started spending money on unnecessary things. He started to waste it. It was like he had money to burn. He had more money than he needed and it was burning a hole in his pocket so he spent it quickly.


When we got together for a meal at a restaurant, Al paid every time. He would always foot the bill, and pick up the tab. He told me the money made him feel like a million dollars. He was very happy.


But, Al spent too much money. Soon my friend was down and out again. He had no money left. He was back to being strapped for cash. He had spent his bottom dollar, his very last amount. He did not even build up a nest egg. He had not saved any of the money.


I admit I do feel sorry for my friend. He had enough money to live like a king. Instead, he is back to living on a shoestring -- a very low budget. Some might say he is penny wise and pound foolish. He was wise about small things, but not about important things.


(MUSIC)


WORDS AND THEIR STORIES, in VOA Special English, was written by Jill Moss. I’m Faith Lapidus.
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by: Binh Lion from: Vietnam
07/13/2012 3:51 AM
the phrases and idioms are really useful! Thank you so much, VOA


by: Polycarpe from: Burundi
07/07/2012 10:53 AM
excelent storie


by: In from: Usa
07/06/2012 6:13 PM
I love this kind of article as an English learner.
Thanks


by: Gemey from: Vietnam
07/04/2012 7:20 AM
I appreciate this article. I experienced this. I easily earned a fortune through stock market a few years ago at the age of 25. But later, I lost most money I'd got. Lucky me that I didn't become a debtor. So I can understand the meaning of the phrase "penny wise and pound foolish". Thanks a lot for the story.


by: Ember from: China
07/04/2012 3:07 AM
I think this kind of stories is familiar with us,I have heard this kind of stories when I was very young .I think the key to AI's problem is that the poor can not handle large amount of money as good as the rich. The poor is lack of experience to know how one should deal with his extra money.In someone opinion ,money is captail .In other's opinion, money is just money or something else. That's the way rich becomes rich ,and poor becomes poor.

In Response

by: Yoshi from: Sapporo
07/05/2012 11:51 AM
Hi Ember. Thank you for your comment. It helped me clearly understand what penny wise and pound foolish means. Money is capital !


by: BIJU.P.Y. from: SOUTH INDIA
07/03/2012 4:16 PM
Excellent. It has surpassed the leaps and bounds of my mind. My English teacher used to say:'Whtever is easily got is likely to lose easily'. The story finds its development through rhythamical sequence. The story is intoxicatingly delicious. Even more is expected. Thank you.


by: mehran from: india
07/02/2012 5:06 PM
i think that his friend who define this story his knowledge is low. Al was simple man without experience he wanted know about life of a rich man when he earned money he understood his simple life was better then he decided lost all money got through lottery and went back to his simple life i think he won in this play and got good experience.


by: Jerry Peña from: Costa Rica
07/01/2012 10:57 AM
Thank you for this aweson form to learn english i really appreciate this kind of articules because i'm a student .Thank you very much.

In Response

by: cem from: turkey
07/04/2012 2:22 PM
what is the main subject in this article???