Millennial Money

Theresa Dash - author of the lesson   Theresa I March 29, 2021
General English, Speaking Lessons
B1 Intermediate
Compound Adjectives
Grammar, Speaking, Vocabulary
Lesson ID
Lesson Time
45 minutes
Millennial Money | ESL Lesson for Adults and Teens

Lesson Overview

A penny saved is a penny earned! In this lesson, students will discuss the topic of money and being rich. This lesson features a video that describes the life of a young millionaire. Students will learn and practice compound adjectives, numbers, and vocabulary relating to this topic. The lesson includes plenty of engaging discussion activities and worksheets that have been developed for adult and teenage learners.

Lesson Objectives

  • Grammar: Students will delve into compound adjectives, focusing on their formation and usage in sentences. This includes understanding how numbers combine with nouns to describe age, duration, and other qualities in a concise manner, such as "two-year-old" and "five-star hotel."

  • Listening: The objective is to enhance listening skills through a video featuring a young millionaire discussing his lifestyle and financial strategies. Students will listen for details about his income sources, spending habits, and savings, providing a real-world context to apply their listening comprehension skills.

  • Speaking: Students will participate in discussions and role-plays based on scenarios from the video. They'll debate the merits of frugality versus spending, discuss their own financial goals, and share opinions on achieving financial independence at a young age.

  • Vocabulary: The lesson introduces vocabulary related to finance, savings, and budgeting. This includes terms like "mortgage," "invest," "expenses," and "savings." Students will learn these new words in the context of discussing financial planning and lifestyle choices.

  • Homework: Students will practice using compound adjectives and working with numbers by completing exercises that require them to fill in blanks, choose correct options in given sentences, and correct mistakes in sentences that misuse compound adjectives and numbers, aiming to enhance their understanding and application in real-life contexts.


The video is about a young millionaire, Graham Stephan, who makes $1.6 million a year. Graham can afford to buy nearly anything he wants. Still, the YouTube star and real estate investor is careful with his cash. No coffee or designer clothes. Why?

Video Transcript

Vocabulary and Pronunciation

mortgage [noun]: money that you borrow from a bank to buy a house or apartment
expense [noun]: cost of something or money spent on something
shrewd [adjective]: clever, sharp
conscious [adjective]: aware of something
once in a while [expression]: from time to time; occasionally
ridiculous [adjective]: foolish, silly, or unreasonable
stock up on [phrasal verb]: to gather or obtain a large supply of something for later use
designer clothes [noun] expensive, luxury clothes with the label of a well-known fashion designer
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