Identify an advantage associated with paying with cash.
No interest charged
Can borrow money from the issuer
Repayments can be spread over a long time
Identify an advantage associated with paying with debit card.
Takes money from the consumer’s bank account so no repayments to make
Identify a disadvantage associated with paying with credit card.
Money must be in the bank account in order for it to be debited
High rate of interest charged if not fully paid off
What is the maximum amount of money that can be spent using a contactless debit/credit card?
£30
£50
£100
Select a good way to manage money wisely when shopping for food.
Compare the cost of bulk buying versus unit prices
Do not waste time writing a shopping list
Go to just one shop
How many tonnes of food is thrown away per year in the UK?
1 – 3 million tonnes
4 – 6 million tonnes
7 – 10 million tonnes