Purchasing clothes at a reduced price can save money for other expenses. What kind of sale of clothing would this be called?
A clearance sale, a discount, or a final sale.
Fun Fact: The average monthly expenditure on clothing for a single person in Canada is between CA$79–210.
This item can be found in newspapers, magazines, or online, and allows the holder to get a discount for a particular product.
A coupon!
Fun Fact: Many grocery stores also do "price matching", so even if you find a discount at one store, another might honor the same price!
Doing this when leaving a room can help reduce energy consumption.
Turning off the lights, turning off your electronics, unplugging appliances not in use, etc.
This two-wheeled mode of transportation does not require a drivers license or purchasing gas.
A bicycle
Fun Fact: Ottawa has many bicycle routes, including paved trails, scenic waterways, and country roads. There are options for all skill levels and ages.
This is a great way to earn money:
A sale of miscellaneous household goods, often held in the garage or front yard of someone's house.
A garage sale, yard sale, or selling your items online.
This is the cycle you should put your clothes on so that they last longer and reduce money spent on new items.
Cold/Gentle cycle.
Fun Fact: Using the cold/gentle cycle is also easier on your electricity bills!
Buying a lot of one product at a cheaper price than usual is what kind of money-saving action?
Buying in bulk/"stocking up"
Note: Ensure that when you're buying in bulk, it is an item of food that you purchase often and that the expiry date is not too soon!
Switching this appliance to off during cooler days in the summer reduces the electric bill.
Turning off the air conditioner
Fun Fact: Electricity costs are the most expensive utility for most households.
Using this mode of transportation cuts down on money spent on gas, maintenance, and parking costs.
Public transportation or the city bus/light rail.
Fun Fact: Owning and operating a car in Canada usually costs between $6,000 and $13,000 per year, depending on location and vehicle type.
You can do this instead of buying expensive cleaning products.
Make your own cleaning products using vinegar, baking soda, and dish soap!
Purchasing clothes from a store selling articles secondhand saves money in the long run. What are these stores called?
A thrift store/bargain store.
Fun Fact: The 2024 Canadian Second-Hand Sentiment Survey found that more than 84 per cent of Canadians say cost savings is the biggest motivator when it comes to choosing second-hand shopping.
What is the term that describes this action:
Comparing the price of products or services from different vendors before buying.
Comparison shopping/Reference pricing
Fun Fact: One-third of in-store shoppers compare prices on mobile devices, and mobile searches for "best" products grew by more than 50% year over year.
These are actions that reduce the amount of water used during a shower.
Using a low flow shower head, setting an alarm to maintain shorter shower times, etc.
This action of transportation benefits health, mood, and is a free way to take you from point A to point B
Walking!
Fun Fact: Walking is a great way to stay in shape, reduce costs on transportation, and improves your mood!
Some people do this when they notice they have not been using all their minutes and data, or services offered by companies.
What is changing their cell phone plan or cancelling subscriptions.
Fun Fact: 85.7% of people have at least one paid subscription going unused each month. The monthly average value of unused paid subscriptions is $32.84 — an increase from $25.34 in 2023.
Purchasing clothing when they have a ______ ensures quality clothing at reduced prices.
A discount/a sale.
Fun Fact: You can also find sales on certain clothing items at specific times of the year, like jackets in January, bathing suits in August, and jeans in October.
What is the name of the membership-based warehouse retailer that offers customers low prices on wholesale goods?
Costco
Fun Fact: If you are living with roommates or family members, splitting the cost of a bulk item is another great strategy for saving money!
Using this temperature of water to clean clothes in the washer reduces the washer's energy consumption by 90%.
Using the cold/gentle cycle - good for both your wallet and your clothing!
If a person decreases this while driving, the person will get more miles to the gallon, leading to less money spent on gas.
Decreasing your speed
Fun Fact: According to recent data from Ottawa, speeding tickets generated over $26.5 million in revenue in 2023 alone.
This is a fun activity that you can do with friends and loved ones, saves money, and provides you with yummy food!
Cooking meals at home
Fun Facts: on average, it is almost five times more expensive to order delivery from a restaurant than it is to cook at home.
What is the term called for clothing that you can mix and match, making multiple outfits with only a handful of articles?
Versatile pieces, "staple" or "key" items, wardrobe essentials, etc.
Fun Fact: The "30/30 rule" is a guideline that suggests owning 30 core clothing items and 30 accessories to build a minimalist wardrobe.
This is a way to get fresh, healthy food grown locally that you can get for free!
Growing a garden OR low-cost food delivery from local farms (i.e. The Odd Bunch)
This appliance uses less energy to cook food than it does an oven.
A microwave!
Fun Fact: Another way to save both money and time throughout the week is to meal plan in bulk! That way you have many healthy meals you can pop in the microwave at your convenience.
Keeping your car tires full of air, getting regular oil checks, and washing your car can save money over time. What does this all fall under?
Taking care of your car/car maintenance
Fun Fact: The average annual cost of car maintenance for a standard car is between $500 and $1,000, but this can vary depending on the car, driving habits, and age.
This is a popular budgeting method that suggests putting 50% of your paycheck toward needs, 30% toward wants and 20% toward savings.
The 50/30/20 rule.
Fun Fact: There are also statistics and charts of your monthly spending that are available on bank's mobile apps or websites to track spending.