Choices: buy or save?

Choose a character.

Josh

Kaylee

Josh is deciding whether to buy a new pair of designer trainers. He has found a pair he loves, but they'll cost him all his savings.

View all the different pressures on Josh to spend or save his money.

Mum

Caitlin (best friend)

Jacob (best friend)

Mum:

“What a waste of money! Save up for something you really need.”

Caitlin (best friend):

“There are other nice pairs that don't cost as much. Then you'd have more money so we can go out at the weekend!”

Adverts can make Josh feel like he should buy the trainers quickly.

Jacob (best friend):

“Do it! They're so cool. Everyone at school will be well impressed!”

What should Josh do?

Buy the top-brand trainers.

Buy a less expensive
pair of trainers.

Don't buy trainers.

Kaylee is desperate to see her favourite band live at a gig in her hometown. Her best mate is going but tickets cost a lot. The gig will also be broadcast on a screen in the local park for a £10 entry fee. Kaylee doesn't have a lot of money saved up.

View all the different pressures on Kaylee to spend or save her money.

Dad

Concert (one night only)

Conor (best friend)

Megan (friend)

Dad:

“We'll lend it to you, but you won't get any pocket money for a couple of months.”

“Here for the first time in 10 years... who knows when they will be back? Live for one night only! Miss it and miss out! Buy your early bird tickets here for 10% off.”

Conor (best friend):

“You might never get the chance to see them live again. Who knows when they’ll be back?”

Megan:

“Come and watch the screening in the park with me! It's much cheaper!”

What should Kaylee do?

Buy early bird discounted
tickets and see the band live.

Buy a ticket for the
screening in the park.

Don’t watch the band.

Well done!

You've completed both scenarios. Your spending profile is:

Big Spender!You enjoy living it up! Only the best will do,
and you'll tend to go for the luxury item, even if it's expensive.

Thrifty Saver!You're very careful with your money.
You're always looking for ways to save, and hunting out bargains.

Balanced Budgeter!You're careful with your money,
but you do allow yourself the odd luxury.

Mastering money

Mastering money