Comparison Shopping
Set a budget, decide what features you want, and see which stores/brands best fit your needs.
Comparison Shopping
What is the total bill for a $20 dollar pie at 10% discount?
$18
What is included in the vendor information on a receipt?
Store name, address, phone number
What kind of card do you typically get with a checking account?
Debit Card
Name one common reason someone would use a peer-to-peer payment app.
To repay a friend who covered their costs at a restaurant.
You're going to buy a new bicycle. What should be one of your first steps in comparison shopping?
Decide what features you care most about
A popular promotion at stores is "Buy One, Get One Free." Why do stores offer this deal to their customers?
Great deals convince customers to buy things they don't need and stay loyal to the store or brand.
On a restaurant receipt, you will commonly find what items? (Name at least 3)
Date and Time of your dining, The total cost of your food and drinks, The tax and tip that were added to your bill
A checking account statement will list __________.
Purchases and deposits you've made in the previous month.
What is the primary difference between a prepaid card and a gift card?
Prepaid cards can be used at many different stores, but gift cards are usually for a specific store.
Randall needs to make two purchases today -- a box of donuts to share with his homeroom and a pair of running shoes for the upcoming track season. For which item should he do MORE comparison shopping?
The shoes -- because they need to fit well and last for the whole season.
Sofia wants to buy a new pair of jeans. At Pants World, the jeans she wants cost $40 and they're having a 25% off sale. At All Clothes, the same jeans cost $38 and she has a $6 off coupon. What is the best deal?
Purchase at Pants World, because the cost after discount will be $30.
Naya has done a lot of shopping recently. Which receipt should she probably keep the longest?
a. CVS receipt for a juice and a pack of ponytail holders.
b. Mall store for 5 shirts and 2 pants, all of which she's tried no and fit.
c. Restaurant receipt for sandwich, salad, and lemonade.
d. Target receipt for bluetooth headphones for her and a popular toy for her niece's birthday.
d. Target receipt for bluetooth headphones for her and a popular toy for her niece's birthday
Name a transaction that would reduce the amount of money in your checking account.
ATM withdrawal, making a purchase with your debit card, bank withdrawal
What would be one reason for someone to use a prepaid card?
Vacation in another country, etc.
Name one of the first two things you should do when starting to comparison shop.
Set a budget, identify important features.
What is the total discount for a $60 prime rib at 40% off?
$36
Name two good reasons to keep your receipts.
Returning items, making sure you weren't overcharged, etc.
What do you need in order to open a checking account?
A form of ID and proof of address.
Chang wants to use his mobile wallet at a t-shirt shop on vacation. What does he need to do to pay for the item?
He holds his smart phone next to the store's checkout terminal.
Name two ways to compare products.
Coupons can increase shoppers' ________ which is the hormone that creates feelings of love.
Oxytocin
What is the fancy word for "tip"?
Gratuity
What is it called when you put money into a checking account?
Deposit
List four ways to pay for something other than cash.
Mobile wallet, prepaid card, debit card, credit card, check, gift card, peer to peer payment app