Describe an item on which you spent more than expected. You should say
- What it is?
- How much did you spend on it?
- Why did you buy it?
- And explain why you think you spent more than expected.
I spend a lot on things like food, electricity and clothing, but I spend massively on airtime and data bundles. It left me in a vague with why I spend too much on that. It’s terrible that I can spend about ¢600, which equalizes $100 in a month for calling my business partners and customers in a month. Sometimes, I shop online and do some sales too online with customers who can’t visit the shop regularly.
I hardly found it difficult to stop being extravagant on the purchase of airtime and data bundles, but in some ways, it has been my anchor, helping me reach many customers and helping in making a lot of income. I realized I was sending more on airtime when I had a promotion collaboration with one of the telecommunication, and they accepted to sponsor me with airtime and data bundles.
In fact, I excelled within the period of their sponsorship. Again, I had time to calculate the number of purchases I make on airtime and data bundles, and it baffled my mind. I think I’m spending more than expected because contacting people with other networks causes high wages of airtime deduction, and downloads from the internet also cost much in data bundles.
I remember when I went to buy a laptop when I was at the university. The laptop was highly in demand at that time since there was a lot of research works and projects to be done, so I had to get it at all costs.
I went to one of the most renowned PC shops in the city to get myself a laptop, and upon reaching there, there was a wide range of different laptops to buy, but I was particularly interested in getting myself a Dell Inspiron Laptop even though there were some other laptops with many affordable prices, I had to spend 2500 Ghana Cedis to get myself this laptop which I never expected to spend.
I bought this Dell Laptop because that was my favourite brand of computers and wasn’t having any interest in any other brand.
And in all, I spent more than I had planned because I budgeted around 1500 Ghana Cedis just to realize I had used almost twice the price of what I had planned.
Follow-ups of Describe an Item on Which You Spent More than Expected
Question 1:- Do you often buy more than you expected?
Answer 1:- Not really! I usually plan before I make purchases, and I think of my income before I spend. A lot of books and article I have read has taught me how to budget and purchase. Being extravagant is an awful situation to indulge in and feel regretted when run out of finance.
Answer 2:- I don’t usually purchase items beyond what I plan to use because I am used to buying many items at a particular time when I go shopping, so using above what I budget for a particular item will leave me out of funds.
Question 2:- What do you think young people spend most of their money on?
Answer 1:- Recently, many youths ( especially males) have spent much on betting just to find an inch way to make it in life. To my surprise, they are investing more in the air whiles they can’t breathe. Many young people are also making more expenses on data bundles just to browse and entertain themselves with social media.
Answer 2:- Young people today are obvious to be seen spending most of their money on buying phones, watches, dresses and shoes.
Question 3:- Do you think it is important to save money? Why?
Answer 1:- Saving is a tough decision to make, and it takes a disciplined person to save. Saving has lots of merits, and it’s witnessed when omes found himself in a catastrophe without and financial support. However, it is worth preparing for future accidents with savings. It gives one hope for the future and saves one from any misfortune.
Answer 2:- It is really important to save money usually. This is because, when all incomes are expended back into other kinds of stuff, there wouldn’t be any money left for times of crisis, for instance, when there is an emergency procedure to be done at the hospital for an accident, this will cause a very hectic issue.
Question 4:- Do people buy things that they don’t need?
Answer 1:- Obviously, people do some unnecessary purchases out of their needs because they do not plan. They have not prioritized their needs and wants however buying things they don’t need. Many people buy something out of its packaging, what their colleagues have which they don’t find in their lives.
Answer 2:- People usually are fond of buying things that they need not. And this is because they see something whiles trying to purchase another thing and how pleasant the particular item looks to their eye alone attracts them to purchase it even though they don’t really know what they are going to use it for.
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- 1 Sample 1
- 2 Sample 2
- 3 Follow-ups of Describe an Item on Which You Spent More than Expected