HOW TO SPEND MONEY WISELY II

Back to: Home Economics Primary 6

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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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