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Consumerism. Budgeting and Shopping Strategies. Shopping Strategies. Create a categorized shopping list Preparation saves money! Avoid shopping hungry or tired Shop alone. Discussion #1 – “Interview”. Why should you prepare a list at home ahead of time? Why should you shop alone? .
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Shopping Strategies • Create a categorized shopping list • Preparation saves money! • Avoid shopping hungry or tired • Shop alone
Discussion #1 – “Interview” • Why should you prepare a list at home ahead of time? • Why should you shop alone?
Advertising Strategies • Impulse buys • Layout of store • Shelf placement of items • Sales/coupons
Discussion #2 – Group Numbers • In what ways are sales and coupons advertising strategies? • What are current trends used to boost a store’s sales?
National Brands vs. Store Brands • Store brands usually less expensive and often same quality. • Check unit pricing to compare. • Buy for intended use.
Convenience Foods • Food products sold prepared or semi-prepared. • Come in many forms • Higher cost • Saves time
Convenience Foods • Reduce these foods to save money • Most contain food additives • Higher in fat and sodium content • Cost of packaging
BEWARE…. • Background music • Samples • Smells • Buying in bulk
Summary • Be careful with your money. • Budget wisely. • Plan ahead • Be cautious of advertising strategies. • Understand how unit pricing works. • Evaluate if convenience foods are worth the convenience