Dave Ramsey - Chapter 5 Review

All the discretionary and non-discretionary spending in our economy is referred to as ______.

• Consumerism

• Marketing

• Spending Economy

• None of these

Impulse buying is a surefire way for you to do what?

• get a deal

• find personal contentment

• spend less

• bust your monthly budget

What is the main reason why people have trouble being content?

• Income

• Marketing

• Patience

• Comparison

When you're buying things online, what should you look for first?

• a good price

• an HTTPS site

• good reviews

• all of the above

Short, entertaining ads on social media are called what?

• Retargeting

• Content Marketing

• Snack Videos

• Native Advertising

Where's the main place a young adult can find daily examples of targeted marketing?

• Social Media

• Radio

• Television

• Billboards

What's the first thing you need to have so you can develop power over purchase?

• Cash

• A Credit Card

• Mobile Pay

• A Budget

_______ is when someone else uses your personal information to commit fraud.

• Card Fraud

• Identity Theft

• A Crime

• None of these

_______ is all the ways the value of a product or service is communicated.

• Marketing

• Consumerism

• TV Commercials

• Social Media Ads

A(n) _______ occurs when you make an online purchase or even send cash using an app on your phone.

• Mobile Pay

• Apple Pay

• PayPal

• Digital Payment