Shopping Choices
What should you make before going grocery shopping?
A list
Is rent a need or a want?
Need
If you get $900 in SSI, what’s the first bill to pay?
Rent or housing
What do we call the money we get each month from SSI?
Income
Which animal moves the slowest?
A sloth!
What does “compare prices” mean?
Look for the best deal or lowest price
Is buying candy a need or a want?
Want
What do you call extra money left after paying all your bills?
Savings or leftover/spending money
What is it called when you plan how to spend your money?
A budget
What animal has the longest neck?
A giraffe!
Which is cheaper: buying a single soda each day or a 12-pack at once?
12-pack (bulk is cheaper)
What are 3 examples of basic needs?
Food, shelter, clothing
If you spend $30 more than you have, what can happen?
You may go into debt or overdraft
What do we call money we owe to others?
Debt
What bird can’t fly but loves to swim?
A penguin!
What does “on sale” mean?
Temporarily lower price
What is something you want but could live without?
(Group discussion — open answer, e.g., soda, TV, snacks)
What’s one way to track your spending?
Write it down or use a notebook/app
What does ATM stand for?
Automated Teller Machine
What animal carries its home on its back?
A turtle!
What’s one way to avoid impulse buying?
Stick to a list or set a spending limit
If you have $50 and need food and want new shoes, which comes first?
Food (the need)
If your rent goes up, what’s one thing you could adjust?
Spend less in another area OR rework your budget
What is it called when your expenses are more than your income?
Overspending or being “in the red”
What animal has three hearts, blue blood, and can change color to blend in with its surroundings?
An octopus!