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8 Cards in this Set
- Front
- Back
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What is a budget? |
The amount of money you would like to spend |
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What are some opportunity cost of spending money? |
Not having that money for something else what is needed to create a budget |
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What is needed to create a budget pop |
Income and expenses |
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What should you do if you find yourself spending too much money in one category or another |
Weigh the costs and benefits of the spending options |
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Why should you use the Better Business Bureau when discretionary spending? |
To make sure the seller is reputable |
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What are the examples of sales incentives given in class? |
Warranties and rebates (to help you justify an otherwise poor spending choice) |
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Discretionary spending |
Spending money on things to make life more comfortable |
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Conspicuous consumption |
Buying goods and services for the purpose of impressing others |
