Smart Spending 11-14

What does "smart spending" mean?

• • (a) Buying expensive things to show off

• • (b) Spending money without thinking

• • (c) Spending wisely on necessary items

• (d) Borrowing money for purchases
  

What is an example of impulsive buying?

• • (a) Buying necessary school supplies

• • (b) Buying a chocolate bar at checkout without planning

• • (c) Saving money for future needs

• (d) Planning your shopping list
  

How can you avoid impulsive spending?

• • (a) By making a shopping list

• • (b) By comparing prices before buying

• • (c) By thinking before purchasing

• (d) All of the above
  

Why is it important to compare prices before buying?

• • (a) To ensure you get the best value

• • (b) To waste time

• • (c) To buy expensive items

• (d) To avoid shopping
  

What is a good way to control your spending?

• • (a) Make a list before shopping

• • (b) Spend all your money at once

• • (c) Buy items on impulse

• (d) Ignore budgeting