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5 Cards in this Set

  • Front
  • Back

Impulse Buying

Planning before we buy helps up to buy wisely-Impulse buying means buying on spur of the moment

False Economies

This means we may think we are getting a bargain but we are not


E.g. buying a magazine for free gift

Redress

R epair


R efund


R place

Benefit in kind

Statutory Deductions


-required by law




Voluntary deductions


-e.g. payeVoluntary deductions -not required by law E.g. Vhi


-not required by law


E.g. Vhi


Current Accounts

-an account used for paying bills


-you can have Standing orders, Direct debits, credit transfers


-No interest is earned