English Conversation Practice - Opening a Bank Account for Child

PETER: "What are you doing today?"
MARK: "Hi Peter. I'm taking my son to the bank. He got his first paycheck yesterday, so we're going to open a bank account for him."
PETER: "That's a great idea."
MARK: "Yeah, I hope this will teach him how to save money and use it wisely."
PETER: "We did that with our kids too. Is he excited about it?"
MARK: "Not really. He wants to spend it all on video games."
PETER: "Well, it's his first paycheck, so I'm sure he wants to spend his own money."
MARK: "I understand that. He knows he can spend it any way he wants to. I just want him to be able to learn how to save some too."
PETER: "Yeah, I totally understand. My first son spent his whole paycheck each time. Now he doesn't have anything saved. My second son saves and saves."
MARK: "I'm hoping Jonathan saves and saves."
PETER: "Now my older son always borrows money from his younger brother."
MARK: "Wow! Does your younger son loan him money?"
PETER: "Yeah, but he adds on interest."
MARK: "That's funny and smart. He's like a bank."
PETER: "He wants to be a banker one day."
MARK: "This is giving him great experience."
PETER: "Yeah, but not a great relationship with his brother."

1. Where is Mark going today?
To the bank with his son
To the movies with his wife
To the amusement park with his kids
To the store with his daughter

2. What did Mark's son receive yesterday?
His high school diploma
His first paycheck
A birthday present
A college acceptance letter

3. What does Mark want to teach his son?
How to swim
How to ride a bike
How to drive a car
How to save money

4. What does Peter's younger son want to be?
A lawyer
A doctor
A banker
An accountant