Impact of Pandemic on Spending Habits

Jasmine Soto introduces her money personality and discusses her budgeting approach, highlighting her monthly expenses and savings habits. She provides advice on car buying and leasing, considering different needs and financial situations. The video also explores the impact of the pandemic on shopping habits in the U.S. and Italy, noting a shift towards online shopping and economic challenges faced by both countries.

What is Jasmine Soto's approach to saving money?

• She does not save at all.

• She saves a fixed amount every month.

• She prioritizes saving over spending.

• She saves only when she has specific goals.

How much does Jasmine spend on food each month?

• $50

• $65

• $80

• $100

Which of the following is a 'want' in Jasmine's budget?

• Wi-Fi for school

• New shoes

• School supplies

• Pet food

What is one benefit of buying a car according to Jasmine?

• Lower monthly payments

• Unlimited miles

• Free maintenance

• No need for insurance

Why might someone choose to lease a car?

• To customize the car

• To have lower monthly payments

• To own the car

• To have unlimited miles

What is a disadvantage of buying a new car?

• It is more expensive to maintain

• It is less reliable

• It loses value faster

• It has limited miles

How did the pandemic affect shopping habits in the U.S.?

• No change in shopping habits

• Increased online shopping

• Decreased online shopping

• Increased in-store shopping

What percentage of people started shopping online during the pandemic?

• 8%

• 46%

• 23%

• 14%

What was one major impact of the pandemic on Italy's economy?

• Decrease in economic activity

• Stability in the economy

• Increase in job opportunities

• Growth in consumer spending

By how much did Italy's economy drop during the pandemic?

• 15%

• 20%

• 5%

• 10%