Consumer tips for the holiday season

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Our Agenda1. Agenda

2. Objectives

3. Introductions

4. Activity 1: Class discussion

5. Activity 2: Review vocabulary

6. Activity 3: fill-in-the-blank

7. Activity 4: read a dialogue

8. Activity 5: discuss ways to save money during the holiday season

9. Activity 6: case studies10. Activity 7: dictation

Workshop Objectives

1. To learn 10 new words related to saving money during the holiday season

2. To learn 13 ways you can money during the holiday season

• What is your name?

• Where are you from?

Introductions

Join us in a group discussion

Activity 1

What do you like about the holiday season?

Group discussion

Tell us about your most popular holiday in your birth country.

Group discussion

Do you have any tips about how to save money during the holiday season?

Group discussion

Let’s review the vocabulary

Activity 2

Activity one: Vocabulary Review

A plan or way of doing something

To start early

To spend more money than you had originally planned

To make a plan about how much money you plan to spend

Something that is very simple or easy

warranty Track your spending

Make a budget exceed your budget convenient Over spend

strategy Get a head start scroogeindulge

To start early

To spend more money than you had originally plannedTo make a plan about how much money you plan to spend

strategy

Get a head start scroogeindulge

To start early

strategy

Get a head start

scroogeindulge

To start early

Make a budget exceed your budget convenient

Over spend

strategy

Get a head start

scroogeindulge

To start early

Make a budget

exceed your budget convenient

Over spend

strategy

Get a head start

scroogeindulge

To start early

Make a budget

exceed your budget

convenient

Over spend

strategy

Get a head start

scroogeindulge

A person who is grouchy and does not like Christmas.

To monitor how much money you spend

To go over how much you had planned to spend

A type of insurance plan to cover the cost of an item purchased in case it malfunctions

To give in and spend lots of money in a careless way

exceed your budget

scroogeindulge

exceed your budget

scrooge

indulge

warranty

Track your spending

exceed your budget

scrooge

indulge

warranty

Track your spending

exceed your budget

scrooge

indulge

warranty

Track your spending

exceed your budget

scrooge

indulge

warranty

Track your spending

exceed your budget

scrooge

indulge

Activity three: fill-in-the- blank

1. Check your _______________ to make sure nobody has used your credit card.

2. You must ____________________ your records on a regular basis.

3. Did you bring your passport and other important ________________ ?

4. I think I have been a victim of _________________ I have not received any mail for more than 5 days. This is not usual because I usually get mail at least every second day!

5. Your ____________________ may be affected by missed payments.

convenientMake a budgetwarranty scrooge Over spend

Track your spending strategyGet a head start

Exceed your budget

indulge

1. The location of the mall is so __________________ . It’s so close to my home!

2. I need a new ________________________ to help me save money.

3. Next year I think I will ___________________ on my shopping. I’m going to start in June!

4. _________________________________ . You can do this by keeping your receipts.

5. Don’t be such a _________________ . Why do you hate Christmas so much?

convenientMake a budgetwarranty scrooge Over spend

Exceed your budget

indulge

convenient

Make a budgetwarranty scrooge Over spend

Exceed your budget

indulge

convenient

Track your spending

strategy

Get a head startExceed your budget

indulge

convenient

Track your spending

strategy

get a head start

Exceed your budget

indulge

convenient

Track your spending

strategy

get a head start

Exceed your budget

indulge

convenient

Make a budgetwarranty

scrooge

Over spend

Track your spending

strategy

get a head start

Exceed your budget

indulge

1. Did you buy a ______________ for your computer?

2. If you _______________________ you may avoid spending too much money.

3. It’s ok to _________________ from time to time. Let’s go to Hawaii for the holidays!

4. I don’t have too much money. I don’t want to ________________ .

5. Did you _______________________ again? I told you to buy gifts that were a little more affordable!

Make a budgetwarrantyOver spend Exceed your budget

indulge

Make a budget

warranty

Over spend Exceed your budget

indulge

make a budget

warranty

indulge

make a budget

warranty

indulge

make a budget

warranty

over spend

Exceed your budget

indulge

make a budget

warranty

over spend

exceed your budget

indulge

Let’s read a dialogue

Activity 4

Listen to a dialogue: Johanna

Margarita

Johanna

MargaritaJohanna

Margarita

Johanna

MargaritaJohanna

Margarita

What a day!Why? What happened?

I just got back from my first day of shopping, and it was so hectic. I still have a lot more to do.

Do you have a strategy to make the job easier?What do you mean?

Well, for one thing, you should make a budget. That means you must decide how much money you have to spend. Making a budget will prevent over spending.

I know, I know. I think I may have already exceeded my budget.

Well, you know sometimes it’s ok to indulge a little.

I suppose, but I think next year I am going to track my spending a little better.

That sounds like a good idea.

Listen to a dialogue: Johanna

Margarita

JohannaMargarita

Johanna

Margarita

Johanna

I do have one question. What do you think of warranties? I bought a computer and the salesman talked me into buying a warranty that seemed a little expensive.Hmmmmmm ….. I think they can be convenient at times. One year I bought a stereo with a warranty. It broke down and I was able to replace it the very next day. On the other hand there are times when people buy warranties for products that break down after the warranty has ended. This can be a difficult decision.

Yes. I feel like I’ve got lots of time to look for nice gifts for my family and friends, without feeling stressed.

Exactly. One thing that you really did right, Johanna, was that you got a head start with your shopping this year.

Sounds like there are pros and cons when buying warranties.

Fantastic! Shopping while stressed really makes me feel like a scrooge.

No kidding!

Activity 5

Let’s discuss saving money during the holidays

1. Make a budget

1. Make a budgetDecide how much you can spend and who you need to buy gifts for.

2. Track your spending

3. Get a head start

3. Get a head startThe more time you have to accomplish your task the less stressful will be your shopping task!

4. Study the warranty

4. Study the warrantyYou may not need it!

5. Embrace the potluck!

5. Embrace the potluck!Many hands make lighter work and less stress!

6. Use gift cards

6. Use gift cardsIn many cases this can really reduce stress!

7. Avoid impulse buying

7. Avoid impulse buyingThink before you buy!

8. Stay away from shopping malls

8. Stay away from shopping mallsHanging out at the mall may cause you to spend too much money.

9. Give home made gifts

9. Give home made giftsHome made gifts show how much you care!

10. Have a secret Santa

10. Have a secret SantaThese are so much fun- and save time and money!

11. Give gifts of service

11. Give gifts of serviceYou could give coupons to shovel snow, grocery shop or give a back rub!

1. Make a budget

12. Buy online

You can often get great deals online!

13. Focus on the celebration

Enjoy the season!

Case studies

Activity 6

Case Studies• Read each study and discuss

• what mistake was made (if any)• What can be done now to fix the

problem• What can be done to prevent identity

Case Study One:Miguel is stressed out. It’s December

24 and he doesn’t know what to buy his wife for Christmas.

Case Study Two:Samantha went to the mall and

exceeded her budget by more than $200.00! She still has 3 people to buy for.

Case Study Three:Su Jie finished her shopping and was

very happy until she realized she had forgotten 2 other people she was supposed to buy gifts for.

Dictation

Activity 7

Dictation 1

Dictation 1Getting a head start is a great way to

save money at Christmas.

Dictation 2

Dictation 2Avoid impulse buying. Make a budget

and stick to it.

Dictation 3

Dictation 3Making home made gifts is a great way

to save money at Christmas. The receiver will know that you care because it was made especially for her.

Dictation 4

Dictation 4Gift cards can be the perfect gift if you

don’t know what to buy someone. It gives the receiver the opportunity to choose their own gift.

Dictation 5

Dictation 5Relax and enjoy the season. Christmas

really is all about enjoying your family- and old and new friends

Thanks for Attending!

See you next time!

Consumer tips for the holiday season

Economy & Finance