Comparison Shopping
When comparing prices, what should you do to ensure you get the best deal?
What is to check prices at multiple stores or websites?
What is the purpose of a coupon?
What is to provide a discount on a purchase?
What information is typically found on a receipt?
What is the date, items purchased, and total amount?
What is a checking account used for?
What is to deposit and withdraw money for daily expenses?
What is a mobile wallet?
What is a digital way to pay using your smartphone?
Liam buys sneakers without looking at other stores. Is this comparison shopping?
What is NO?
If you have a coupon for 20% off an item priced at $50, how much will you save?
What is $10?
Why should you keep a receipt after buying something?
What is for returns, to track spending, or to make sure you were not overcharged?
What might happen if you overdraw your checking account?
What is you could incur overdraft fees?
What is a prepaid card?
What is a card that you load money onto before using it?
How does comparison shopping benefit consumers?
What is it helps them find better prices and quality items?
If an item is $40 with a 25% discount, what is the sale price?
What is $30?
On a restaurant receipt, you will commonly find each of these items EXCEPT
a. Your home address
b. The date and time of your dining
c. The tax and tip that were added to your bill
d. The total cost of your food and drinks
What is your home address?
What is a checking account statement?
What is a summary of all transactions in your account for a given period?
What is a peer-to-peer payment app used for?
What is to send money directly to friends or family?
Describe a scenario where comparison shopping is essential.
What is when buying a high-value item like a car or electronics?
Explain how stores use discounts to increase sales.
What is they attract more customers and encourage them to buy more items?
How can receipts help with budgeting?
What is they provide a record of spending?
How can you use the money in your checking account?
What is through checks, debit cards, or online banking?
What is the primary difference between a prepaid card and a gift card?
Prepaid cards can be used to shop online, but gift cards cannot
Prepaid cards are made of plastic, but gift cards are usually cardboard
Prepaid cards can be used at many different stores, but gift cards are usually for a specific store
Prepaid cards are only for people without checking accounts, but gift cards are for everyone
Prepaid cards can be used at many different stores, but gift cards are usually for a specific store
What factors should you consider when comparing products?
What are price, quality, features, and reviews?
How do promotions impact consumer spending?
What is they can encourage impulse buying? (more spending!)
How do digital receipts differ from paper receipts?
What is they can be stored electronically and are easier to organize?
What are some features you might find in a checking account?
What are online banking, mobile deposits, debit card, and overdraft protection?
How can using a mobile wallet benefit consumers?
What is it provides convenience and security for transactions?