Learning Objective: This session will tackle about the many different ways people or consumers waste their money. This session aims to develop the participants conversational skills along with their critical thinking and reasoning skills. To be able to do that, the participants should freely speak their thoughts to the group throughout the session.





While most people utilize serious research, rumor, blind luck, and professional consumer guides to assist them in the purchase of food, clothing, entertainment, cars, home appliances, electronic equipment, real estate and travel, there is always the lurking feeling that we've failed to spend our money wisely. Eventually we all come to the realization professional consumer experts deduce rather quickly--that there is ultimately no way to avoid being had. Inevitably a great portion of what we spend will be frivolously or inefficiently squandered, and the goods we buy turns out to be just plain garbage.

Given that a great portion of our income will be effectively wasted, and also given that we secretly desire to be good and smart about what we do, it seems only appropriate that a guide be created to assist the consumer in assuring that we will not get the best value for our money, and be secure in the knowledge that we've deliberately wasted our money.


TOP 5 WAYS TO WASTE YOUR MONEY


1. Buying a new car

2. Brand names at the supermarket

3. At the office

4. Cell phone early termination fees

5. Homeowners Insurance



Thinking It Over


1. Is the above mentioned list true for you? Why, Why not or How?

2. Can you cite other ways we unconsciously and unknowingly throw our money away?