HAVING GOOD CONSUMER HABITS. DISCIPLINED SPENDING To minimize expenditure you need to have a plan every time you hit the shops, so you don’t get caught.

Slides:

Advertisements

Similar presentations

Credit. Borrowers & Lenders Find Your Match! Whos Your Middle-Man???

Advertisements

What is Consumer Credit?

Chapter 23.1 Use your Money Wisely

Earning Money  What is income and what are 3 possible sources?  Income is money that you have available to you to spend  3 sources: babysitting,

Chapter 14 Managing Your Money Chapter 14 Managing Your Money Lesson 14.2 You, the Consumer Lesson 14.2 You, the Consumer.

Review of Chapter 27: Money Management

Online Holiday Shopping Brings Great Deals – and Fraud This lesson is part of the iKeepCurrent TM Program, provided by iKeepSafe TM.

Building Your Financial Foundation. Do you think people are more likely to buy something they do not need when they use a credit card? What is Credit?

© 2010 South-Western, Cengage Learning Do Now: 1.) Take out chapter 17 outline When shopping do you: 1.) See something you want and buy it 2.) Look around.

Using a Bank or Credit Union consumer.gov. Why use a bank? A bank is a place to keep your money safe A bank’s services include: – checking accounts and.

Grade 12 Family Studies. B6I.

Consumer Services Chapter 10-3: Managing Your Money.

Insert name, county, date How to Save a Dollar ….when you don’t have a dime to spare?

FINANCIAL SOCCER Module 3 Credit, debit and prepaid cards Collect a quiz and worksheet from your teacher.

Back to Table of Contents pp Chapter 25 What Is Credit?

Choosing the right deal for you Dual fuel Getting your gas and electricity from the same supplier Many suppliers offer a discount if you opt for dual fuel.

Dealing the Cards of Credit Credit cards No set time to be paid back May pay in full, part, or minimum payment No finance charge if bill paid in full.

Comparison Shopping. Shopping Shopping is what you do when you spend income (money you have earned). You can do this in a variety of ways: a. In Store.

Smart Shopping. Someone who…  Researches purchases  Plans purchases  Compares products  Considers alternatives You will save a lot of money by being.

Happy Thursday! 1. Complete the review questions on the back! 2. Have out part 8 & 9. I will be checking that for completion. 3. We are going over Credit.

Online Shopping and Credit Cards

Managing Your Money in Tough Times. Objectives Make it a family affair Do an annual credit check Reduce your debt Look at your spending Re-set goals Playing.

Credit Cards Adult Living. Advantages of using credit It’s convenient. You don’t have to carry large amounts of cash and you don’t have to go through.

Let the madness begin…. Submitted by Kammy Kuang, Resident Advisor, East Tennessee State University.

Schedule  An organized written plan to help reach your goals within a certain period of time.

How to budget? Or more importantly - how to control our spending?

LESSON 8-3 CREDIT MANANGEMENT LEARNING GOALS: - LIST WAYS TO REDUCE YOUR CREDIT COSTS AND LOWER YOUR DEPENDENCE ON CREDIT. - EXPLAIN HOW TO AVOID CREDIT.

1.1 Debt, Interest & APR Check out the ‘simple interest explained’ video at © moneyskool.org 2015.

Credit & Debit Cards Personal Finance Mrs. Brewer.

Credit Credit is a sum of money a person can use for a period of time before having to reimburse the lender.

Credit Cards One of the most popular forms of credit Next Slide.

Credit Pros and Cons Unit 1 Lesson 4. Introduction Credit use carries an important responsibility. Credit use carries an important responsibility. When.

PERSONAL FINANCE. Rule of 72 Albert Einstein is credited with discovering the compound interest rule of 72: What is it? 72 / interest rate = # of years.

Ten money saving tips for teenagers. 1. Use Coupons On your phone, there are apps for stores and fast food chains, most of these apps have a coupon section.

Personal Finance for High School Seniors. "...the borrower is a slave to the lender" (Proverbs 22:7)

The Easiest Investment: SAVINGS Alexander Persky A Quick Guide to Saving Money.

Copyright © Houghton Mifflin Company. All rights reserved.Money Management - 1 Money Management.

10 TIPS TO HELP STUDENTS SAVE MONEY BY LIA MURRAY-DRIVER.

11111 Youth Money Management Learning Good Spending Habits.

How to Buy Something By: Katie Adler. What to Buy  Decide what you would like to buy, then head to the store!

Credit Cards & Credit Ratings Mr. Raposo/Mr Schoenhardt KCSS.

7 tips to do secure online shopping. Shopping Online? How literate are you with online buying? Do you know to differentiate real and fake stuff? Do you.

 A place you put money that you spend quickly  Not money intended for saving  Monthly statement sent to your house by the bank.

Lesson 8, Unit 3 On Banking This presentation will teach you about banks and credit unions—how they work and why they are a good place to keep your money.

10/14 Aim : Why is budgeting important? Do Now : Necessities & Luxuries Chart.

CREDIT 101 Top Ten Tings to Know!. Drowning in Credit Card Debt Americans are loaded with credit card debt. The average American household with at least.

* Do you have a checking account or credit card that you pay for? Do you know how to manage a checking account or credit card? * Please put your responses.

Handling Your Money Wisely Section 3.1: Financing Your Life © 2010 TSTC Publishing Taking Charge: Chapter 3.

Section 1- Designing a Buying Plan CHAPTER 7.  Systematic Decision Making  The process of making choices that reflect your goals  Consider pros and.

Shopping_level 1. Fill the gaps in the questions below. shop – shopping centre - shopping Do you like ____________? Do you like ____________? What’s your.

Chapter 22 Making Consumer Choices. Consumer Someone who buys and uses goods and services produced by others To become a better consumer, you must consider.

Grade 12 Family Studies.  Do you have a credit card?  What is it used for?  How is it like a loan?

Unit 8: Assignment 1 – Task

BEING A SMART SHOPPER AND MAKING THE RIGHT PURCHASES AND FINANCE OPTIONS FOR THOSE PURCHASES Fashion Merchandising Standard 8.

MILLIONAIRE SCOREBOARD $100 $200 $300 $500 $1,000 $2,000 $4,000 $8,000 $16,000 $32,000 $64,000 $125,000 $250,000 $500,000 $1 MILLION.

Using Credit Wisely Costs of Credit RESPONSIBILITIES AND COSTS OF CREDIT.

Chapter © 2010 South-Western, Cengage Learning Responsibilities and Costs of Credit Using Credit Wisely Costs of Credit 18.

Avoid Seasonal Splurging A Financial Literacy Presentation by Member Name, CPA.

JA Our City 3rd Grade Volunteer’s Name Volunteer’s Title Volunteer’s Company.

Ted wants a credit card! Lesson 3: Borrowing Money, Part 1.

Chapter © 2010 South-Western, Cengage Learning Responsibilities and Costs of Credit Using Credit Wisely Costs of Credit 18.

Online Shopping. Introduction Online shopping is a form of electronic commerce whereby consumers directly buy goods or services from a seller over the.

Tips to Avoid Online Scams. About Several threats are there which spreads on every computer system just to infect each system with their harmful ways.

Consumer Credit Selena Lanter-Mason/ Kerrie Kocs.

SAVE MONEY THROUGH YES BANK COUPONS & OFFERS. USE YES BANK COUPONS A private bank in India which deals with corporate investment services. Turn your everyday.

TEN MONEY SAVING TIPS FOR TEENAGERS BY PHILLIP QUINTANA.

Account Number Is your unique reference number in a bank?

Get the best by paying less for more with good discount offers.

HAVING GOOD CONSUMER HABITS. DISCIPLINED SPENDING To minimize expenditure you need to have a plan every time you hit the shops, so you don’t get caught.

Presentation transcript:

HAVING GOOD CONSUMER HABITS

DISCIPLINED SPENDING To minimize expenditure you need to have a plan every time you hit the shops, so you don’t get caught buying things that empties your wallet. :

AVOID USING YOUR CREDIT CARD WHERE YOU CAN

USE THE INTERNET TO FIND BETTER DEALS, YOU WILL MOST LIKELY FIND ONE

DON’T TRY TO KEEP UP WITH THE JONES DON’T BUY SOMETHING BECAUSE ‘YOUR MATE HAS ONE’ OR ‘ALL THE COOL PEOPLE HAVE ONE’

USE A DEBIT CARD OR A SAVINGS CARD INSTEAD

THE PITFALLS OF CREDIT CARDS Credit cards charge a lot of interest so make sure you pay your bills on time and don’t let your debt accumulate. Make sure you don’t pay your credit card debt in small amounts, pay it back in one lump sum so they credit card company can charge less interest.

MAKING SURE YOU GET A GOOD DEAL  Look around before you buy, chances are there will be an offer that’s better than the one you got. Use the internet but beware of scams and remember, you may have to pay postage.

FIND COUPONS ONLINE TO HELP FIND THE BEST DEALS

SELL THE CLOTHES YOU DON'T WEAR AND GET SOME MONEY FROM THEM

CHECK THE TAG BEFORE YOU BUY TO REDUCE AN UNWANTED LARGE PRICE TAG

TAKE CARE OF YOUR CLOTHES, TO REDUCE THE AMOUNT OF MONEY SPENT ON UNNECESSARY CLOTHES

BUY CLOTHES OUT OF SEASON BECAUSE (CLOTHES ESPECIALLY) TEND TO COST LESS OUT OF SEASON

SHOP ONLINE BECAUSE CLOTHES AND OTHER ITEMS CAN COST A LOT LESS THAN IF YOU WERE TO BUY THEM IN A SHOP

REPURPOSE OLD CLOTHES IF YOU CAN NO LONGER WEAR THEM, THIS HELPS TO SAVE SPACE IN YOUR WARDROBE AS WELL