How Eating Out Keeps You Poor!

How Eating Out Keeps You Poor!

Assessment

Interactive Video

Life Skills, Business

11th Grade - University

Hard

Created by

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The video discusses the high costs of dining out and its impact on personal savings. It highlights statistics showing many Americans lack retirement savings, partly due to dining expenses. The video provides a cost comparison between dining out and cooking at home, using Jake's example to illustrate potential savings. It offers practical tips for reducing dining expenses, such as cooking at home and using grocery delivery services. The video also addresses the social and psychological reasons for dining out and suggests ways to balance these needs with financial goals.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How can cooking at home contribute to long-term financial goals?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some strategies mentioned for reducing dining expenses?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the psychological benefits of dining out, and how can they be achieved at a lower cost?

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