Pay off

An investment pays off if it achieves success or a positive result

Lesson #
November 27, 2023
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Transcript

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Pay off

“Pay off” is an expression that has a few different meanings. Today, I’m going to show you just one of those meanings. And in today’s context, it means to achieve success or a positive result. Now, it has the word “pay” in it, so you might automatically be thinking money. And that’s not wrong—but it’s not the full story.

When we use “pay off,” we’ve invested something. It can be money. But it can also be effort, time, things like that. When we use “pay off,” the subject—the thing doing the action—that’s the investment. That’s the thing we spend, hoping to get a result.

So let’s say you own a business that prints t-shirts. And you want to buy a new machine that can print higher quality designs on the shirts. You want this investment to pay off. That means, you want to achieve a result from this investment, from this new machine. What would that result be? In a business, it probably means you want to win more customers, charge higher prices, make more money than the machine costs.

You make an investment; you want it to pay off. You want to enjoy the rewards, the success, the positive result from that investment. So fast-forward a few months, you’re now making better t-shirts and charging more money for them. The investment has paid off.

Now let’s talk about time. Let’s say you’re—I don’t know—learning a second or third language. And let’s say you have a big vacation coming up to Australia. And you spend lots of time on some online platform—I can’t think of one off the top of my head—some online platform, getting better at English expressions and vocabulary. This is the investment. It’s not money. It’s time and effort. But you still want to get a benefit.

Now imagine you go to Australia. And it’s a huge success. You walk around the streets confidently, knowing you can express your best ideas. And it’s all because of the time and effort that you put into upgrading your English. That effort paid off. That effort generated a positive result for you.

All right, so we’re ready to see how you heard it in today’s lesson. Sam Bankman-Fried worked at a hedge fund called Jane Street Capital . And Jane Street is a kind of investment firm that does lots and lots of very complicated transactions. They don’t necessarily make a lot of money individually, but they do a lot of them, and they add up. They use sophisticated trading programs to be able to do lots and lots of trades in a day, making money on each one.

Sam Bankman-Fried got his start there. And his job there was to search the financial markets for trades that would pay off. His job, in other words, was to look for opportunities that would be profitable for his employer.

Do you guys get the warranties or the service plans when you buy a new phone? I don’t. I don’t drop my phone. I think I’ve only dropped a phone and shattered its screen twice in my life. I certainly remember doing it once—it might have happened twice. And I’m old! I don’t accidentally jump in the water with my phone. Sure, stuff has happened. But in general, I just don’t think that—for me—the service plan would pay off.

If you want coverage from Apple that includes damage, theft, and loss, that costs $249 for two years. That’s a quarter of the cost of a new phone. And if something ever happens, you still have to pay $149 just to claim the benefit.

So just thinking about how much the service plan costs, and thinking about my life and my lifestyle, I just don’t think that service plan would pay off. I don’t think the service plan would give me a benefit.

I know some people that drop their phones all the time. I know some people who scratch their screens. I know some people who lose stuff, who accidentally might jump into a swimming pool with their phones and not realize it. If that sounds like you—and no judgments!—but if that sounds like you, then the service plan might pay off. You might really benefit from that protection.

See you next time!

Speaking of things that will definitely pay off: our Cyber Monday sale ends tonight at midnight Chicago time, so make sure to get on PlainEnglish.com—just do it now—PlainEnglish.com, sign up for a Plus+ membership, it’s half off for your first six months. That will definitely pay off.

Think about it. Half off—your first six months are going to be less than $10. And you can join three live practice conversation calls per month. They last an hour! And that’s in addition to everything else you get.

This is definitely going to pay off, especially if improving your English is one of your priorities going into 2024. Think about what 2024 is going to mean. If English is going to be a part of your life in 2024, then this is the best way to get started. It’s easy. I’m going to show you exactly what to do to get started and how to make the most progress.

PlainEnglish.com. Just go there right now, you’ll see all the details right there on the top of the page. Get that done before midnight…and we will see back here on Thursday.

¿Hablas español?

The transcript of this lesson is available with interactive translations into Spanish. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

你说中国话?

The transcript of this lesson is available with interactive translations into your language. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

Parlez-vous français?

The transcript of this lesson is available with interactive translations into your language. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

Can I see a sample?

Yes, please visit PlainEnglish.com/sample to see a sample episode with the Spanish translations.

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

Você fala português?

The transcript of this lesson is available with interactive translations into your language. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

Can I see a sample?

Yes, please visit PlainEnglish.com/sample to see a sample episode with the Spanish translations.

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

日本語は話せますか?

The transcript of this lesson is available with interactive translations into your language. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

Can I see a sample?

Yes, please visit PlainEnglish.com/sample to see a sample episode with the Spanish translations.

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

Parli italiano?

The transcript of this lesson is available with interactive translations into your language. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

Can I see a sample?

Yes, please visit PlainEnglish.com/sample to see a sample episode with the Spanish translations.

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

Sprechen Sie Deutsch?

The transcript of this lesson is available with interactive translations into your language. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

Can I see a sample?

Yes, please visit PlainEnglish.com/sample to see a sample episode with the Spanish translations.

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

Sen Türkçe konuşmayı biliyor musun?

The transcripts of Plain English lessons are available with interactive translations into your language. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation. Turkish translations are available starting at Lesson 278.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

Can I see a sample?

Yes, please visit PlainEnglish.com/sample to see a sample episode with the Spanish translations.

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

Mówisz po polsku?

The transcript of Plain English lessons are available with interactive translations into your language. In each lesson transcript, we select about one hundred difficult words, phrases , and expressions for translation. Polish translations are available starting at Lesson 278.

How is this different than simply using a translation engine?

Translation engines are powerful tools for communicating in the modern world . However, they often miss the context and can either mislead you or leave you confused . Our human translators are here to make sure that you’re getting not only the correct definition, but also the full context .

How can I use the translations in my studies?

Most members use the translations as they are listening to the lesson and reading along . When you come across a word you don’t understand, you don’t have to press pause to discover the meaning . You can simply hover your mouse over the highlighted word . This lets you learn the definition of the word without having to press pause on the audio.

Do the translations work on mobile?

Yes! Instead of hovering over a highlighted word, just tap on it .

Can I see a sample?

Yes, please visit PlainEnglish.com/sample to see a sample episode with the Spanish translations.

How can I access the translations?

Translations are included in two memberships: Plain English Plus+ and Starter. Choose a plan and get started today!

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