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15 June, 19:45

Who is not spending wisely? Erika goes shopping and saves her receipts. She totals how much she spent and writes it down. Mia needs to buy a new pair of shoes because she joined the soccer team. She looks at newspaper ads to find the best price. Lauren has been thinking about getting a puppy for a long time. She walks by the pet store at the mall and decides to get a puppy. Erin makes a purchase online using a credit card. She knows that she can pay the entire bill when it arrives.

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  1. 15 June, 22:11
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    The person who is not spending her money wisely is Lauren, because (C) Lauren has been thinking about getting a puppy for a long time. She walks by the pet store at the mall and decides to get a puppy.

    This illustrates impulsive buying, since she decides to buy the puppy without considering other alternatives that might be cheaper, such as adopting a puppy. She also seems to have not yet budgeted the cost of buying the puppy.
  2. 15 June, 23:12
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    The correct answer is C. Lauren has been thinking about getting a puppy for a long time. She walks by the pet store at the mall and decides to get a puppy.

    Explanation:

    To spend wisely implies you do not waste money but use it to obtain goods, products or services you need choosing the best option. This often implies creating a budget or limiting the amount of money you want to spend, avoiding relying on credit cards especially if you cannot pay back, doing research to know what is the best option in terms of cost-benefits, and planning before buying.

    This implies the person who is not spending wisely is Lauren because although she had been thinking about getting a puppy, she acted impulsively. She did not plan it and therefore she did not create a budget or consider other options such as adopting which is not wise in terms of spending money.
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