BETA
Chapter 1
The art of budgeting worldwide
Chapter 2
The mystery of interest and growth
Chapter 3
Navigating debt and the credit system
Chapter 4
Digital money and global banking
Chapter 5
Smart spending and conscious consumerism
YOUR GOAL
Master of Money skills for young adults
Ch 5 · Smart spending and conscious consumerism
nic Smart spending and conscious consumerism
Fifty, thirty, twenty, yeah! Your money flow, you gotta know! Fifty for needs, then watch your savings grow!
nic Comparing the price per unit of measurement reveals the true cost of grocery store items.
nic Waiting a full day before buying non-essential items helps separate emotional wants from actual needs.
Fun Fact
Supermarket layout secrets: Grocery stores purposely place milk and eggs at the very back of the store to force shoppers to walk past hundreds of tempting impulse buys.
Glossary
ethical consumerism (noun)
The practice of purchasing goods and services produced in a way that minimizes social and environmental damage. This movement originated in the 1820s when Quaker abolitionists boycotted goods produced by enslaved labor.
The practice of purchasing goods and services produced in a way that minimizes social and environmental damage. This movement originated in the 1820s when Quaker abolitionists boycotted goods produced by enslaved labor.
Quiz
If a 12-ounce cereal box costs $6.00 and a 16-ounce box costs $7.20, which is the better deal based on unit price?
Quiz
Why do grocery stores typically place essential items like milk and eggs at the very back of the store?
Quiz
What biological chemical is released in the brain during an impulse purchase, creating a temporary 'high'?
Quiz
What label information should you look at to find the true value of grocery items regardless of package size?