Creditwise – Opportunity Costs (1982)
The film presents a scenario where two friends, Tina and Becky, navigate the complexities of consumer credit and opportunity costs during a shopping trip. Tina, an impulsive spender, struggles with her finances as she prioritizes buying a jacket over fixing her car’s brakes. Through various interactions, the film illustrates the concept of opportunity costs—what one sacrifices when making a financial decision—and highlights the responsibilities that come with using credit. Tina’s lack of understanding about managing credit leads her into debt, while Becky emphasizes the importance of being financially responsible.
Keywords
consumer credit, opportunity costs, financial responsibility, debt, impulsive spending, budgeting, credit limits, education, shopping, friendship
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