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1.3: Spending and Life Choices

Understand how personal decisions impact financial health.

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  • 1.3.1 Needs vs. Wants – Learn to prioritize essential spending over luxury items.

  • 1.3.2 Peer Pressure & Advertising – Your choices can be influenced by others and media.

  • 1.3.3 Opportunity Cost – Choosing one thing usually means giving up another.

Created by Shardul Arya

‹ 1.2: What is Money?

2.0: Unit 2 Video ›