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Budgeting and Consumerism

AB
Gross PayThe amount of money you earn
Net PayGross Pay minus deductions
Fixed ExpensesAn expense that stays the same from month to month
Variable ExpensesAn expense that changes from month to month
Rational AdvertisementAn advertisement that gives facts about the product
Emotional AdvertisementAn advertisement that give little or no useful information about a product
Unit PriceThe price of an item divided by a standard unit of measure
Full-Service StoreStores that offer as much help as possible
Discount StoreStores that offer lower prices
SupermarketsSell groceries and other items, both name brand and generic
Convenience StoresStores that are close by and stock only popular items
Specialty StoresCarry a certain line of products
CatalogsAllows you to shop at home
Factory OutletsSells products directly from the factory
Warehouse ShowroomStore where goods on the floor can be ordered
Variety StoreSells large number of inexpensive items
Promotional SaleSale that offers a special price on a new item or one that is in season
Clearance SaleSale to get rid of goods that are out of season or going out of style
BudgetPlan for spending your money

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