Monday, March 3, 2014

Beginning Consumer Awareness

We have spoken in detail about "consumer awareness" before, but I want to touch on it again so you will be prepared to be informed consumers when you leave high school.  We now know that we shouldn't get a car loan and we shouldn't get credit cards, but how else should we be prepared?

We'll start a video by Dave Ramsey today discussing Consumer Awareness.  I'd like you to answer the following questions in Microsoft Word:

  • "Caveat Emptor" means ___ ___.
  • Companies use every angle to aggressively compete for your ___.
  • ___ of "90 days same-as-cash" contracts convert to payments which are usually at ___% APR with rule of 78's prepayment penalty.
  • Discuss (as it relates to Product __________):
    • Brand Recognition:
    • Color:
    • Shelf Position:
    • Packaging

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