Foundations in Personal Finance 6:2 & 6:3

It's called buyer's remorse when you wake up the next morning and regret a purchase you made.

• True

• False

When Dave worked in real estate, he found that when they explained buyer's remorse to home buyers upfront it cut contract losses

• By a third

• By a quarter

• to almost to nothing

• By 10%

If you make a purchase over _________, your body goes through physiological changes.

• $1500

• $300

• $500

• $50

The kid who lives inside all of us that throws a temper tantrum when he sees something he wants is called:

• Greed

• Selfishness

• Childishness

• Immaturity

_____________ do what feels good, _____________ devise a plan and follow it.

• Children; adults

• Teenagers; adults

• Adults; children

• Children; teenagers

The ancient word that is seldom used is:

• Yes

• Why

• No

• How

We get emotions confused. You can buy _________ but you can't buy _________.

• Happiness; fun

• Joy; peace

• Fun; happiness

• Wealth; joy

When you develop a power over purchase, it doesn't matter how much you make, you can win with money.

• True

• False

When you're developing the skill of power over purchasing, the first step is to do a pro/con list.

• True

• False

Carefully considering your buying options is the second step when you're developing the skill of power over purchasing.

• True

• False