As a wise person once said: it takes money to make money. In other words, you need to invest money and spend it in order to make more. On the other hand, spending money unwisely can eat into your profits. So, from both perspectives, figuring out how to spend money is one of the keys to business success.
And it should come as no surprise that spending money is a common topic of conversation in any business. It’s not just the folks in the purchasing department who think about it. Everyone has an opinion about how their company should and shouldn’t commit its resources. And for this reason, English has many idioms we use to describe the different approaches to spending money.
In today’s dialog, we’ll hear a conversation between three managers at a tech company: Shelly, Martin, and Vince. The company has just landed a big new project, and so they anticipate having more money to spend soon. But the three aren’t all in agreement about how they should spend that money and they use many different idioms to express their opinions. Try to pick out some of these business English idioms as you listen, and we’ll explain them later in the debrief.
1. According to Martin, what approach to spending is now in the past?
2. What does Vince believe about competing in a new and different sector of the market?
3. How does Martin describe the salaries of the two positions they previously discussed hiring?