1. SAVE IT SPEND IT INVEST IT PERSONAL FINANCE

2. VOCABULARY Consumer Brand Generic Debit card Credit card Marketing

3. MARKETING

4. Print-magazines, newspapers, billboards, bathroom stalls…. Radio commercials TV commercials—Super Bowl!

5. BEING A WISE CONSUMER Learn when and where to buy Compare brand name and generic products Study labels –The gov’t requires that certain info be included to help consumers judge product quality –Manufacturer, contents, quantity –Nutrition Labeling and Education Act 1990, 1994

6. DEBIT AND CREDIT Debit card-draws money directly out of your bank account Credit card-allows customers to buy goods and services without paying until the receive a bill from the creditor (AMEX, MasterCard, Visa…)

7. GOOD AND BAD OF CREDIT CARDS GOODBAD

8. CONSUMER PROTECTION What do (can) you do if you are unsatisfied with a product?

9. CONSUMER PROTECTION-BEYOND THE SELLER Better Business Bureau-local community, gives advice and assistance to people Several private organizations that test and rate products; check these out before you buy Federal Trade Commission-has the power to bring to court any US company that uses false or misleading advertising or false labeling USDA-sets standards and inspects food US Postal Service protects consumers through what is sent in the mail Consumer Product Safety Commission-monitors product safety nationwide

10. CONSUMER AWARENESS Create a consumer awareness brochure/flyer (written or typed) –Choose from installment plans, credit card, brand names vs. generics, bargain shopping (how to search for the best deal), consumer protection agencies Textbook, 491-497 Due Thursday