IELTS Speaking · Part 3

Money and finance: IELTS Speaking Part 3 questions

Last updated 21 July 2026

In short

Money and finance is a common IELTS Speaking Part 3 discussion theme. After the Part 2 long turn, the examiner explores broader, abstract questions on the topic. This guide groups real practice questions from concrete to abstract, explains how to tackle each question type, and gives the vocabulary and linking language to answer with depth.

Discussion questions

The examiner usually opens the discussion with: "Do you think people talk about money too much or too little in your country?" — then works up from concrete to abstract.

Warm-up (concrete)

Why do you think some people are better at saving money than others?
Cause & effect

Development (societal)

How has the way people pay for things changed in recent years?
Comparison
Do you think money can make people happy?
Opinion
Should children be taught how to manage money at school?
Opinion

Depth (abstract & hypothetical)

What are the effects of a society where people spend more than they earn?
Evaluation
How might the way people use money change in the future?
Speculation
If physical cash disappeared completely, what problems might arise?
Hypothesis
Is it fair that some jobs are paid so much more than others?
Evaluation

How to answer each question type

Part 3 mixes several question functions. Recognise which one you're facing and structure your answer to match.

Cause & effect questions

Asks why something happens or what its consequences are.

Name the cause or effect first, then explain the chain of reasoning step by step. Causal linkers signal clear logic to the examiner.

This is largely becauseAs a result,One knock-on effect isThis tends to lead to

Comparison questions

Asks how two things — often past vs. present, or two groups — differ.

Make the two things explicit, then compare on one or two clear dimensions rather than listing everything. Comparative structures show grammatical range.

Compared withWhereasThe biggest difference isBack then, ... whereas now

Opinion questions

Asks what you think about an issue. Tests whether you can state and defend a position.

State your view clearly in the first sentence, give one or two reasons, then support each with a concrete example. Avoid sitting on the fence.

In my view,I'd argue thatPersonally, I believeIf you ask me,

Evaluation questions

Asks you to weigh advantages and disadvantages, or judge how good/important something is.

Acknowledge both sides briefly, then come down on one. Use contrast markers to show you can balance ideas before reaching a judgement.

On the one hand,That said,The main benefit isThe obvious drawback is

Speculation questions

Asks you to predict the future or imagine how things might develop.

Use modal verbs to hedge (might, could, is likely to) and give a reasoned prediction — the grammar of uncertainty is exactly what's being tested here.

It's likely thatI imagineIn the long run,We may well see

Hypothesis questions

Asks you to reason about an unreal or 'what if' situation.

Reach for the conditional (if + past, would). Set up the scenario, then follow the consequence through — this shows control of higher-level structures.

If that happened,SupposingIn that case, I'd expectWere that the case,

Linking language for discussion

Discourse markers used naturally are one of the fastest ways to lift your Fluency & Coherence score.

Adding ideas

What's more,
On top of that,
Not only that, but

Contrasting

Having said that,
Then again,
That's not to say

Giving examples

Take ... for instance,
A good example would be
Say you

Concluding

All things considered,
At the end of the day,
So on balance,

Useful vocabulary for this theme

Band 7+ language for discussing money and finance.

make ends meet: manage to pay for your basic needs; “A lot of families are struggling to make ends meet.”
save up for: put money aside over time for something; “I'm currently saving up for a trip abroad.”
live within your means: spend no more than you earn; “My parents taught me to live within my means.”
tighten your belt: cut back on spending; “We had to tighten our belts after I changed jobs.”
a rainy day: a future time of possible need; “I always put a little money aside for a rainy day.”

Cue cards that lead into this topic

These Part 2 cue cards flow naturally into this Part 3 discussion.

More Part 3 themes

Explore more IELTS Speaking practice

Frequently asked questions

What kind of questions come up in IELTS Speaking Part 3 about money and finance?

Part 3 questions are abstract and opinion-based. You'll be asked to give views, compare past and present, weigh advantages and disadvantages, explain causes and effects, and speculate about the future — rather than talk about yourself.

How long should my Part 3 answers be?

Longer than in Part 1 — aim for three to five sentences. State your point, give a reason, and back it up with an example. Part 3 is where you demonstrate range and depth.

How is Part 3 different from Part 2?

Part 2 is a personal monologue; Part 3 is a two-way discussion of the wider issues linked to that topic, so the language becomes more abstract and analytical.

Next step

Practise Part 3 with an AI examiner

Take a full mock exam with SpeakMetry's AI examiner — it asks Part 3 follow-ups in real time and scores your answers against the official band descriptors.

Start a free mock exam