This post goes out to all the expats and businesspeople working and doing business in Russia. While finances are generally a good topic to be conversant in, it becomes especially important for those who have to manage their finances abroad.<\/p>\n
First, let’s look at the ways to manage your \u0434\u0435<\/span>\u043d\u044c\u0433\u0438<\/strong> (money; always plural). The sources of your income (\u0438\u0441\u0442\u043e<\/span>\u0447\u043d\u0438\u043a\u0438 \u0434\u043e\u0445\u043e<\/span>\u0434\u0430<\/strong>) may be \u0437\u0430\u0440\u043f\u043b\u0430<\/span>\u0442\u0430<\/strong> (salary), \u0441\u0442\u0438\u043f\u0435<\/span>\u043d\u0434\u0438\u044f<\/strong> (a student’s allowance, usually paid monthly by the university) or \u043f\u0435<\/span>\u043d\u0441\u0438\u044f<\/strong> (retirement). Many people still get paid in cash (\u043f\u043e\u043b\u0443\u0447\u0430<\/span>\u044e\u0442 \u0434\u0435\u043d\u044c\u0433\u0438 \u043d\u0430\u043b\u0438<\/span>\u0447\u043d\u044b\u043c\u0438<\/strong>), although others increasingly get their earnings transferred to a bank account (\u043f\u0435\u0440\u0435\u0447\u0438\u0441\u043b\u044f<\/span>\u044e\u0442 \u043d\u0430 \u043a\u0430<\/span>\u0440\u0442\u0443<\/strong> – the payer of the money would be the subject here; the recipient is the dative object). For what it’s worth, the opposite of \u0434\u043e\u0445\u043e<\/span>\u0434\u044b<\/strong> is \u0440\u0430\u0441\u0445\u043e<\/span>\u0434\u044b<\/strong> (expenses).<\/p>\n In terms of keeping the money, a lot of people, who may have lost their savings in the default of 1998<\/a>, still hang on to cash (\u043d\u0430\u043b\u0438<\/span>\u0447\u043d\u044b\u0435<\/strong>). A famous pun suggests “\u0425\u0440\u0430\u043d\u0438<\/span>\u0442\u0435 \u0434\u0435\u043d\u044c\u0433\u0438 \u0432 \u0431\u0430<\/span>\u043d\u043a\u0435<\/strong>,” \u0432 \u0431\u0430\u043d\u043a\u0435 being the prepositional case of either \u0431\u0430\u043d\u043a<\/strong> or \u0431\u0430<\/span>\u043d\u043a\u0430<\/strong> — so, you should keep you money in a bank or in a glass jar, depending on your outlook.<\/p>\n Here are a few other words that will help you talk about your finances:<\/p>\n Comment: in the Soviet period, Sberbank (\u0421\u0431\u0435\u0440\u0431\u0430<\/span>\u043d\u043a<\/strong>) was pretty much the only place you could have an account in. You balance would be printed in a little folded booklet called \u0441\u0431\u0435\u0440\u043a\u043d\u0438<\/span>\u0436\u043a\u0430<\/strong>. So people would actually say \u0441\u0431\u0435\u0440\u043a\u043d\u0438<\/span>\u0436\u043a\u0430<\/strong> to refer to your account in phrases like “\u0434\u0435\u043d\u044c\u0433\u0438 \u043d\u0430 \u0441\u0431\u0435\u0440\u043a\u043d\u0438\u0436\u043a\u0435<\/strong>.”<\/p>\n If you ever find yourself in a heated debate with you Russian friends on the world economy and the such, this basic economics vocabulary will help you express and understand the fundamentals of economics.<\/p>\n To illustrate more stock exchange (\u0431\u0438<\/span>\u0440\u0436\u0430<\/strong>, technically \u0444\u043e<\/span>\u043d\u0434\u043e\u0432\u0430\u044f \u0431\u0438\u0440\u0436\u0430<\/strong>) oriented vocabulary, I would like to share this article by Business FM<\/a> – “\u0420\u043e\u0441\u0441\u0438\u0439\u0441\u043a\u0438\u0439 \u0440\u044b\u043d\u043e\u043a \u0430\u043a\u0446\u0438\u0439 \u043f\u0440\u043e\u0438\u0433\u043d\u043e\u0440\u0438\u0440\u043e\u0432\u0430\u043b \u0441\u0430\u043d\u043a\u0446\u0438\u0438<\/strong>” (Russian securities exchange ignores sanctions). Note the expressions they used to talk about securities (\u0446\u0435<\/span>\u043d\u043d\u044b\u0435 \u0431\u0443\u043c\u0430<\/span>\u0433\u0438<\/strong>) <\/span>appreciating:<\/p>\n To talk about the prices going down, the article uses:<\/p>\n This is a very cursory overview of some basic concepts in economics and finance. Feel free to add to it in the comments. If you would like to see more examples of this vocabulary or pick up more of it, be sure to follow some of Russian news outlets online<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":" This post goes out to all the expats and businesspeople working and doing business in Russia. While finances are generally a good topic to be conversant in, it becomes especially important for those who have to manage their finances abroad. Personal Finances First, let’s look at the ways to manage your \u0434\u0435\u043d\u044c\u0433\u0438 (money; always plural)…<\/p>\n\n
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Invisible Hand<\/h3>\n
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Bulls and bears<\/h3>\n
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