
Dave Ramsey - Chapter 5 - Consumer Awareness

Flashcard
•
Business
•
10th - 12th Grade
•
Hard
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25 questions
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1.
FLASHCARD QUESTION
Front
An example of discretionary spending is:
Back
Nonessential goods and services
2.
FLASHCARD QUESTION
Front
Why do stores like mobile pay apps?
Back
It makes paying easier and faster, so customers are more likely to overspend.
3.
FLASHCARD QUESTION
Front
Why is digital ad spending projected to be $524 billion in 2024?
Back
Marketers know that you're on your mobile device more than you're reading newspaper ads or listening to live radio ads.
4.
FLASHCARD QUESTION
Front
When someone steals and uses your debit or credit card info, that's called .......
Back
Fraud
5.
FLASHCARD QUESTION
Front
What does it mean to develop power over purchase?
Back
You are able to slow down and think through your motives before buying something.
6.
FLASHCARD QUESTION
Front
To think big picture, you need to understand that . . .
Back
The best way to have more money is to have contentment
7.
FLASHCARD QUESTION
Front
Convenience is both a perk and a downside of mobile pay.
Back
True
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