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Card 6

Front

If a person chooses a more expensive item when cheaper items are available how is this classified?

Back

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Card 7

Front

What are needs and wants related to?

Back

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Card 8

Front

Define aspirations?

Back

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Card 9

Front

Independence is an aspiration for which life cycle?

Back

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Card 10

Front

Material luxuries are an aspiration for which life cycle?

Back

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Card 11

Front

Name four factors which influence needs and wants as people move from childhood into adulthood?

Back

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Card 12

Front

Savings over a longer period would be classified as how many years?

Back

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Card 13

Front

How is an investment different from a long term saving?

Back

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Card 14

Front

Why might a parent save money in an investment scheme?

Back

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Card 15

Front

What is the purpose of a pension?

Back

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