TKI - Crafty Consumers: Assessment Activity 1 [Social Studies Online]
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Crafty Consumers

Assessment Activity 1


Crafty Consumers

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How people view and use money and the consequences of this

Scenario How does the person view money? Why does the person view it like this? Give a likely consequence of the person's standpoint/attitude
I am a young teenager and I love to spend all my pocket money. I really don't see the need to save any of it because if I need something my parents will pay for it.    
I plan very carefully how the household budget will be spent because if I do not keep strict control over the money, my family might have to go without. I have recently started to earn my own salary and still live at home. I make sure that at least half of my salary is saved because I want to go flatting on my own soon.    
I am a bargain hunter and take the time to compare prices, and read advertisements before making a purchase because the more I save on a product, the more things I can buy. I want to get the most value for my money.    
I am a young qualified professional earning a good salary. I believe in order to enjoy life I need to satisfy all my wants and needs and therefore I enjoy spending all my salary on goods and entertainment.    

Use your findings to make a general statement explaining why people view and use resources differently and the consequences of this.

Statement:





Evidence:









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