In the first lesson for this year, I was discussing wise shopping with my Year 9 Commerce class. As part of this discussion, the class developed the following advice for bargain hunters. This framework has formed the basis of our lessons on managing personal finances.
This is their advice:
- Research product infomation carefully.
- Read the fine print, especially in contracts.
- Check a range of prices.
- Make sure the product suits the purpose for which it was intended.
- Make sure the purchase fits within your budget.