Of the Republic o f Uzbekistan State University of World Languages scale up

9 Look at the photos and answer the question. 
Which 
picture 
represents 
financial 
management? Why do you think so?
“Never spend your money before 
you have it.”
Thomas Jefferson

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10 Look at the title of the text and guess what the text is going to be about.
11 Read the text and complete each paragraph with the sentences 1-4 in the spaces a-d.
1. Any financial system is a decisive process at 
3. 
solution to any economic issues.
2. It is better to have several versions to spend money
on than make an exact decision after thinking over 
4. 
demands’ importance.
It is obvious that he was able to have becor 
wealthy because of the right choice of financi 
management.
A right financial management can assist in havii 
extra money to family budget.
Financial Management
Most people agree to the opinion that sometimes 
it is not so difficult to make money but to save and 
raise it can be a real problem. Most people complain 
that they face a number of difficulties in financial 
management. Why do many people have problems 
with this? Because most of us are not aware of rules 
in managing finance which causes problems. There 
are some general ideas to solve this question: firstly, 
do not start spending your money without planning or 
dividing it into needed categories and types. In your 
financial management plan you should thoroughly 
calculate your income for a week or a month, then 
demands where you must put money urgently.
a )_______________________________________
Henry Ford, a famous engineer and car producer, 
was grown up in a poor American farmer family with 
a very small budget. Eight children had to survive 
working hard in the farm. Being an intellectual, willing 
boy he coped with problems and took up producing 
cars: having produced the first automobile going by 
petrol Ford created a conveyer system of producing 
cars. Henry Ford paid a great attention to 
y
financial management by improving his
v 
car industry. He spent his money on
the productive, essential processes 
in car manufacturing. His famous 
motto “a car for everybody!” denied
the idea that only the richest people 
could own cars! Ford made out a special 
technique to produce an automobile in a 
cheaper price by decreasing amount of 
money spent on it. As a result a proper 
financial management brought him and 
his company fame. Later Henry Ford 
had become one of the richest men in the 
world as well.
b )_____________________________
Financial management can make 
one’s business sphere prosperous or 
failing. 
Appropriate, 
well-planned 
scheme may bring to success. Not only 
in business or in other occupations this 
matter is important but families also need 
a right financial management to prosper. 
For achieving this, one should be able 
to analyze income and outcome of his 
family thoroughly.
c )
Financial management is a foundation 
stone of any social institution which puts 
every economic issue in order. There is 
no notion small or big financing. Small 
financial matters lead to bigger ones.
d)