Name: Real-Life English Podcasts | Intermediate | Episode 007 Out Of Control Spending
Uploaded: 2026-02-26T03:54:08.000Z
Duration: 14 min 27 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Hello everyone and welcome to EnglishPod.

Ready to deliver another great podcast for all our listeners.

And we've got an intermediate lesson today about spending money.

Yeah, specifically spending money in a company.

We're going to be listening to a business meeting as a company describes how they're spending money.

And they're actually looking at their profit and loss statement.

Well, Marco, can you tell us a little bit about a profit and loss statement?

Well, all companies come out with a profit and loss statement every year or every three months.

And it's basically a document that shows all the money that the company is spending and all the money that the company is earning.

So it's a document that outlines how much money the company makes and how much it spends.

So in the end, basically it'll tell you we're making money or we're losing money.

Okay, so we're going to be listening to some people discuss a profit and loss statement in just a moment.

But before we do that, it's time for Vocabulary preview.

So today on our Vocabulary preview, we have two words for you.

So expenses are things that you have to spend money on regularly.

So for example, in a company, regular company expenses are salaries or office supplies or the phone bills, Internet bills.

And maybe in a household or a family, your expenses might be your food, perhaps your transportation or your rent or your heating bill.

So these are all things you spend money on regularly.

So when something is through the roof, it's really, really, really, really high.

So for example, we can talk about gas prices are through the roof lately.

Gas prices have gone really high in the past couple of months.

So when we talk about through the roof, it means that the number is really high.

It also gives you the idea that the number has risen really quickly.

Alright, Marco, do you think it's time for the dialogue?

As always, the first dialogue is going to be a little bit fast.

But don't worry if you don't understand everything, because we will explain all of the key language in a minute.

Okay, so now the last point on our agenda.

Jill, let's go over the profit and loss statement.

Well, the main issue here, as you can see, is that our expenses are through the roof.

Well, sir, the company expenditures on entertainment and travel are out of control.

Just this month, we've paid over $20,000 for hotel charges.

This is a bill for $5,000 for spa treatments.

$8,000 were expensed in one night at a place called Wild Things.

Thank you for your very thorough analysis.

Okay, so this accountant, she's pretty thorough.

Hey, she's really persistent about her job.

And the manager, apparently, is a little bit embarrassed.

Well, we'll talk about that in a little while.

Why don't we take a look at our language takeaway for today?

In today's language takeaway, we're going to look at three words, and the first word is expenditures.

So expenditures sounds pretty close to expenses, right?

It's pretty similar, but it has a little bit of a difference.

So why don't we listen to some examples and see if we can understand.