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Chapter 5

Chapter 5. Buying the Necessities http://www.youtube.com/watch?v=4QM-3-AOfus. Section 1: Shopping for Food. I. Comparison Shopping A. Make comparisons to help decide what to shop for and where. B. Weigh your time and transportation costs. C. Advertisements/Coupons save time and money!.

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Chapter 5

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  1. Chapter 5 • Buying the Necessities http://www.youtube.com/watch?v=4QM-3-AOfus

  2. Section 1: Shopping for Food I. Comparison Shopping A. Make comparisons to help decide what to shop for and where.

  3. B. Weigh your time and transportation costs.

  4. C. Advertisements/Coupons save time and money!

  5. Section 1: Shopping for Food II. The Trade-Offs in Food Stores A. Club warehouse stores offer lowest prices, items only sold in bulk.

  6. http://www.youtube.com/watch?v=oXvJJq0Ba-khttp://www.youtube.com/watch?v=r-xnFsZuI2Uhttp://www.youtube.com/watch?v=oXvJJq0Ba-khttp://www.youtube.com/watch?v=r-xnFsZuI2U

  7. B. Convenience stores carry few items, have highest prices, but are open more hours.

  8. C. Brand names are well-known nationally or regionally.

  9. D. Some supermarkets or wholesale stores have their own brand names known as private labels or store-brands.

  10. E. Generic products have no brand name.

  11. Section 2: Shopping For Clothing I. Comparing Clothing Value A. Buying current styles can be expensive.

  12. B. Buying classic clothing styles will help save money.

  13. C. Durability is how well something lasts over time. D. Service flow is the amount of time of get to use the product and the value you place on that use.

  14. E. Cost of care (Hand washed/Dry Cleaned/Machine washable?)

  15. II. More For Less A. Clothing costs have decreased significantly over time. B. Clothing sales generally happen at the end of the season.

  16. C. Bargain fanatics buy items just because they are on sale. D. If you buy an unnecessary item because it’s on sale, you may not be saving money at all.

  17. Renting vs. Buying Chapter 5 Section 3

  18. Where would you rather live?

  19. Do you plan to live with your parents/guardians for the rest of your life?

  20. Is it better to RENT or BUY?Which would you rather do?

  21. What are the advantages and disadvantages of both?

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