FCSI Unit 8 Test Review

Set costs that must be paid such as rent, insurance, and car payments

• monthly expenses

• flexible expenses

• fixed expenses

• expense

Comparing products and prices in different stores before making a purchase

• spending plan

• smart shopping

• comparison shopping

• couponing

An account that sets money aside for future use

• savings account

• checking account

• credit account

• mutual fund

The cost of goods and services

• resources

• expense

• fixed expense

• income

Organizing your money in a way that spending, saving, and investing the money you earn can achieve your financial goals...

• checking account

• stock market

• spending plan

• budget planner

An account where permission slips direct a bank to pay a certain amount to a specific source

• credit card

• savings account

• checks

• debit card

A message to persuade consumers to purchase a particular product or service

• advertisement

• billboard

• commercial

• consumer

Making an unplanned or quick purchase without giving it much thought

• quick buying

• guilty buying

• strategic shopping

• impulse buying

A card that automatically deducts money from your checking account when used for purchases

• credit card

• debit card

• checking account

• savings account

Costs that do not stay the same such as clothes and food

• flexible expense

• fixed expense

• expense

• impulse buy