VIP Class Notes (Tibo) (S)

the more young generation learned a lot of the Western lifestyle such as friends. They mention young people in the US they don’t save money.
But before, the generation of my father and mother they always save money and control costs but young generations they don’t do this way. they pay more than what they earn

They use a lot of the credit card.
each generation has different behaviors.

it is not cheap too much -> it is slightly cheaper

it is cheap a lot -> it is much cheaper

they are discussion -> they are having a discussion (n) / they are discussing

for some new people it is quite challenging so after 2 or 3 years back to their hometown
They can earn less but live with the family and save money and the daily cost decreases.
In SH maybe you need to take coffee everyday and you want to see some shows and meet friends.
In the middle of October I went to some talk shows and they provided the free entry to us and then when you enter the building

in 7/11 it is 7 but in the talk show it is 45 so I told my husband it is the ticket price.

I heard someone say they may want to change the building out of the downtown area.
when I went to business trip to HK.
I went to downstairs and cross the street and everybody is running . They walk very fast but I take my time so sometimes they pass by me very closely because streets are narrow

I talked with my boss in HK and I said if they are willing to work from home it is ok but he said it is hard because they live in small room.

when we talk with junior people they always say their salary is low but everyday they take the taxi to the company and your home is very close.
They keep challenging us about the salary being low.

When I started to work it was from rmb 3,000

the younger generation learned a lot from the Western lifestyle such as friends. They mention young people in the US don’t save money. / have a low saving rate.

But before, the generation of my parents they always saved money and control costs but young generations don’t do it this way / don’t do this / manage their money differently.

they pay more than what they earn / they spend more than what they earn / they use debt to pay for their lifestyle

They use a lot of the credit card.
each generation has different behaviors.

it is not cheap too much -> it is slightly cheaper

it is cheap a lot -> it is much cheaper

they are discussion -> they are having a discussion (n) / they are discussing

for some new people it is quite challenging so after 2 or 3 years they go back to their hometown  / they return to their hometown.
They can earn less but live with the family and save money and the daily cost decreases. / the cost of life
In SH maybe you need to buy coffee everyday and you want to see some shows and meet friends. / and you spend money on entertainment
In the middle of October I went to some talk shows and they provided  free tickets to us and then when you entered the building they told us we had to buy drinks in 7/11 it is only CNY 7 but in the talk show it was CNY 45 so I told my husband it is the ticket price.

I heard someone say they may want to move to another building out of the downtown area. / in the suburb
when I went to a business trip to HK.
I went downstairs and crossed the street and everybody was running . They walked very fast but I took my time so sometimes they passed by me very closely because streets are narrow

I talked with my boss in HK and I said if they are willing to work from home it is ok but he said it is hard because they live in a small room / it is hard because usually people have very small apartments.

when we talk with junior people they always say their salary is low / they complain about their salary but everyday they take the taxi to the company even if their home is very close. / even if they live nearby.
They keep challenging us about the salary being low.

When I started to work , new employees were only paid around rmb 3,000.

Vocabulary

suburb (n) 郊区
He lives in the suburb because it is cheaper

entertainment (n) 娱乐
Disneyland is an entertainment park
I spend some money on entertainment every month

debt (n) 欠款
I have a debt at the bank
I owe a debt toward Tom because he helped me find a job
The level of debt increased because of Covid

inflation (n) 通货膨胀
Inflation is about 4% in China

deflation (n) 通货紧缩
Deflation would be a big issue for the economy

furlough (v) : ask employees not to come to work
some people were furloughed during the pandemic

deposit (n) 定金／押金
I have to give a deposit to the hotel
I gave a 10% deposit on the car

to deposit (v) : to put money on an account
he deposited 10,000 on his account

fellow (n) a man (casual) / peers
I went on a business trip with my the fellow VPs.
I met some fellows at the bar

property (n) : something you own or a house/apartment
this is private property

property market = real estate market

小聪明(n) petty trick (only for things)
what he did was just a petty trick

narrow (adj) : not wide
In HK streets are narrow

Pronunciation

beer

bear

furlough

fellow