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C1 level

Story 2 – C1 – A Financial Lesson

C1 English Reading – Short Story & Grammar Quiz

Alex is an adolescent who receives a generous weekly allowance. He usually spends it wisely, saving a portion and using the rest for small luxuries. However, last Tuesday, he made an absurd decision. He bought an expensive, unnecessary gadget online, completely draining his account. His parents discovered this extravagant purchase and, accordingly, decided to abolish his allowance for a month.

Now, Alex is facing an adverse financial situation. He is currently experiencing the full impact of his impulsive choice. He understands his accountability for this action. His parents are firm; they believe this adjustment will teach him responsibility. He knows he will not be receiving any money next week, and the following weeks will be equally challenging.

He is considering how he will manage. He thinks he will start looking for odd jobs around the neighborhood. He plans to accumulate some savings from these small tasks. By the end of the month, he will have earned enough to cover his basic needs. He is also trying to align his spending habits with a more sensible budget. This experience, he believes, will transform his financial attitude. He will be more alert to his spending in the future. He will be working hard to regain his parents’ trust and his financial independence.

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