
Personal Finance Unit 10
Presentation
•
Financial Education
•
9th - 12th Grade
•
Easy
Laura McReady
Used 1+ times
FREE Resource
9 Slides • 18 Questions
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Unit 10: Consumer Choices
By Laura McReady
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Buy during sales
take advantage of seasonal sales
Join co-op stores
Costco, Sam's Club, etc.
Choose best location
don't just consider item price, think about distance, time, gas cost, delivery fees, etc.
Avoid impulse buying!
Use coupons and rebates
Check unit prices
Making Wise Purchases
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Can buying a more expensive item save you money?
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Multiple Choice
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Multiple Choice
6
Multiple Choice
Why do stores like scan and go options, apps, and one-click purchases?
It is harder for customers to pay, so they end up saving money.
It makes paying easier and faster, so customers are more likely to overspend.
Digital pay is the way of the future, and retail stores like being ahead of the times.
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Some items, such as cars and houses, come with lots of other expenses once purchased. Don't forget to consider those.
Cost of ownership
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9
Multiple Choice
What is advertisement?
A text that gives information about a person
It is a picture, short film, song etc. which try to persuade people to buy a product or service or attend an event
A text that provides information about something such as a natural phenomena
A text about some famous persons to get specific information and main idea
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Multiple Choice
What is the specific group of people that an advertiser is trying to reach with their advertisement?
Targeting
Emotional appeal
Verbal elements
Target audience
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Multiple Choice
What is the use of emotions such as fear, joy, or anger to persuade the viewer to purchase a product or service?
Branding
Targeting
Emotional appeal
Jingle
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Multiple Choice
What is a statement or phrase that encourages the viewer to take a specific action, such as making a purchase or signing up for a service?
Target audience
Call-to-action
Verbal elements
Product placement
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Multiple Choice
What is the process of identifying a specific group of people as the audience for an advertisement, and creating an ad that will appeal to that group?
Branding
Targeting
Jingle
Visuals
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Multiple Choice
What is a message or announcement designed to promote a product or service and persuade people to purchase it?
Target audience
Advertisement
Call-to-action
Branding
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What is identity theft?
When someone uses your personal or financial information without your permission. It can damage your credit status and cost you time and money.
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How do they get your identity?
Trash
Stealing (wallet, purse, etc.)
Change home address to obtain your mail
Phishing
call or email pretending to be someone else to get information, often a link in emails claiming to be from bank, school, work, etc.
Pretexting/Fraud - calling a place pretending to be you or someone else authorized on account
Skimming - special devices that can steal credit/debit card info, may be attached to ATMs, gas pumps, etc.
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What are the signs someone stole your identity?
You may get bills for things that you didn't purchase.
Medical fraud is someone using your health benefits without you knowing
Debt collectors call to collect money you didn't spend
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Multiple Select
What are the long-term negative effects of identity theft? Choose 2.
Inability to access and use your bank account
A poor credit score
Extremely time consuming to fix the problem
You will likely lose your job
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Multiple Select
Which is a warning sign that someone is using your information? (hint: choose 3 correct answers)
You find credit card charges you did not make
You get bills for medical services you did not use
Debt collectors call about debts that are not yours
Debit card transactions are taking a long time to process
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Multiple Choice
Using a fraudulent link to get sensitive information
Investment scam
Pyramid Schemes
Banking scam
Phishing scam
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Multiple Choice
John throws all of the copies of his bills and credit card statements in the trash. He receives a call from his credit card company asking him if he has been to Cancun recently. John has never traveled outside of the United States. Which term describes how a thief got John’s credit card information?
Hacking
Phishing
Pretexting
Dumpster Diving
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Multiple Choice
Sara wants a new outfit but does not have the money to buy it. She calls her friend’s credit card institution pretending to be the friend and tells the company that she has lost her credit card and needs a new one. What term describes what Sara did?
Skimming
Fraud
Phishing
Hacking
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24
Multiple Choice
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Multiple Choice
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Multiple Choice
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Multiple Select
What is a reasonable way to protect yourself from identity theft? (hint: choose 3 correct answers)
Know the signs of phishing
Always pay cash; never use a debit or credit card
Strengthen your passwords
Check your credit report often
Unit 10: Consumer Choices
By Laura McReady
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