True/False
The "sell by" date is used to indicate how long the product can be displayed for sale
TRUE
What is a coupon?
Coupons give you discounts on specific items and can be used before the expiration date on them.
How can you find out what sales a store is currently offering?
You can sign up for sale alerts to stay in the loop with you favorite stores
How can a budget help you?
Budgets can help you make informed decisions when purchasing goods and avoid overspending.
What is the day after thanksgiving?
Black Friday
You can eat food after its sell by date
True
Name two cashback apps
1. Honey
2. Capital One Shopping
What are off-season sales?
When items that are out of season go on sale.
What is the benefit of shopping at a thrift store?
Thrift stores offer you used items at the fraction of the price of the brand new item
What is the main benefit of shopping for items in their off season?
You can find items at a significantly discounted price.
The "best by" date is the last day a product can be frozen
False, the best by date tells you when food is at its best quality
What do cashback apps do?
They give you back percentages of money that you spend while shopping.
Why is it important to factor in shipping costs when shopping for deals online?
High shipping fees can negate the savings from a discounted item.
Name 2 stores that are known to be shopped at in bulk
1. Costco
2. Sam's Club
What is the most effective strategy for reducing impulse purchases while shopping?
Creating a shopping list and sticking to it, no matter what’s on sale.
Buying items in bulk is healthier
False, you can split the costs and save more money by buying items in bulk
What is one possible downside of using credit card rewards programs for smart shopping?
They encourage overspending to maximize rewards, which can lead to debt.
what does "BOGO" mean?
BOGO means by one get one, this is another type of sale stores will use to bundle items and help you save.
What is one of the most common thrifting stores?
Goodwill
What is Cyber Monday
Cyber Monday is the first Monday after thanksgiving, and is where online retailers offer online shoppers bargains and sales on items
Coupons are always usable regardless of when you received them
False, Coupons must be used before their expiration date
How can understanding the difference between "use by" and "best by" dates help you save money on groceries?
By avoiding unnecessary food waste and making informed decisions on when to consume food.
How can understanding seasonal price fluctuations help you save money when shopping?
By buying out-of-season items when demand is low, and prices are discounted.
What are the two terms that will help you understand when produce needs to be sold, and when produce is going to be expired?
1. Sell by date
2. Expiration date
What company is the largest online retailer in the world?
Amazon