HOW TO SPEND MONEY WISELY II

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Bulk Buying: Bulk buying simply means buying or purchasing items in large quantity.

Advantages of Bulk Buying

  • Items cost less.
  • Money for transportation to the market each time small quantities will be bought is saved.
  • It saves time
  • It saves energy.
  • It ensures that food is always in the house.

Things to Consider Before Bulk Buying

  • Will the items not get spoilt if not finished on time.
  • Can you share with other people.
  • Do you have where to store the items bought in bulk.
  • Will there be money to buy other items needed after buying in bulk

Advantages of Wise spending

  • It saves time
  • It saves energy
  • It helps to prevent wasteful spending.
  • It aids saving or helps to promote the culture of saving for future use.

Quiz

  • What is bulk buying?
  • List three things to do to avoid wasteful spending.
  • What are the steps to take in comparing prices?

 

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