What is the first step in planned spending according to the video?
Planned vs Impulsive spending and Conspicuous consumption

Interactive Video
•
Business
•
10th Grade - University
•
Hard
Quizizz Content
FREE Resource
Read more
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Avoiding impulsive spending
Creating a budget
Prioritizing needs
Setting financial goals
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a factor influencing impulsive spending?
Persuasive advertisements
Peer pressure
Discounts and offers
Long-term financial goals
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the 24-hour rule mentioned in the video?
Waiting a day before making a purchase
Saving 24% of your income
Reviewing your budget every 24 hours
Spending only 24% of your budget on wants
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is conspicuous consumption?
Spending to display wealth and status
Spending to save money
Spending to fulfill genuine needs
Spending to avoid debt
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a common example of conspicuous consumption?
Buying groceries
Purchasing luxury cars
Paying utility bills
Investing in stocks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should you avoid to prevent falling into the trap of conspicuous consumption?
Prioritizing needs over wants
Creating a budget
Saving for long-term goals
Borrowing money for luxury items
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the key to mastering your finances as mentioned in the video?
Avoiding all expenses
Making informed choices
Ignoring financial goals
Spending extravagantly
Similar Resources on Quizizz
8 questions
Introduction to financial Planning

Interactive video
•
10th Grade - University
8 questions
Behavioural Aspects in Tax Payments and Informed Financial Decisions

Interactive video
•
10th Grade - University
2 questions
Behavioural Aspects in Tax Payments and Informed Financial Decisions

Interactive video
•
10th Grade - University
6 questions
Financial Literacy Part 2: New Hires

Interactive video
•
10th Grade - University
8 questions
Financial Procrastination

Interactive video
•
10th Grade - University
8 questions
Household Economic

Interactive video
•
10th Grade - University
8 questions
Planned vs Impulsive spending and Conspicuous consumption

Interactive video
•
10th Grade - University
2 questions
Planned vs Impulsive spending and Conspicuous consumption

Interactive video
•
10th Grade - University
Popular Resources on Quizizz
15 questions
Character Analysis

Quiz
•
4th Grade
17 questions
Chapter 12 - Doing the Right Thing

Quiz
•
9th - 12th Grade
10 questions
American Flag

Quiz
•
1st - 2nd Grade
20 questions
Reading Comprehension

Quiz
•
5th Grade
30 questions
Linear Inequalities

Quiz
•
9th - 12th Grade
20 questions
Types of Credit

Quiz
•
9th - 12th Grade
18 questions
Full S.T.E.A.M. Ahead Summer Academy Pre-Test 24-25

Quiz
•
5th Grade
14 questions
Misplaced and Dangling Modifiers

Quiz
•
6th - 8th Grade
Discover more resources for Business
17 questions
Chapter 12 - Doing the Right Thing

Quiz
•
9th - 12th Grade
30 questions
Linear Inequalities

Quiz
•
9th - 12th Grade
20 questions
Types of Credit

Quiz
•
9th - 12th Grade
20 questions
Taxes

Quiz
•
9th - 12th Grade
17 questions
Parts of Speech

Quiz
•
7th - 12th Grade
20 questions
Chapter 3 - Making a Good Impression

Quiz
•
9th - 12th Grade
20 questions
Inequalities Graphing

Quiz
•
9th - 12th Grade
10 questions
Identifying equations

Quiz
•
KG - University