Insurance Crossword Puzzle
5.2
Goldsmith, E. B. (2016, July 29). Consumer economics: Issues and behaviors.
https://ebookcentral.proquest.com/lib/mcneese/reader.action?docID=4556508
Budgeting Text Messages
5.4
On the left side of the bar graph is the dollar amount and on the right side is my monthly expenses. My hypothetical net income is $650.00 and the bar graph demonstrates how the money is distributed. This is a zero balance budget because my monthly income and expenses equal 0.
Bar Graph Discussion 5.5
Module Summary 5.1
This week's module focused on differentiating the different types of insurances, budgeting, and the difference between impulse purchasing and planned purchasing. The seven different types of insurances are Automobile, Credit Insurance, Home Owner's, Health Insurance, Life Insurance, Long Term Care Insurance, Disability Income Insurance (Goldsmith, 2016, p. 496-507). The important aspects of a budget are the fixed expenses and the variable expenses (Goldsmith, 2016, p. 464). A planned purchase is an intentional buy where the consumer considered the cost, value, need, or benefits of the item, where as an impulse buy the consumer did not take anything into consideration (Goldsmith, 2016, p. 244).
Reference
Goldsmith, E. B. (2016, July 29). Consumer economics: Issues and behaviors.
https://ebookcentral.proquest.com/lib/mcneese/reader.action?docID=4556508