Question of the Day: What matters most to teens when making a clothing purchase: Brand, Price or Quality?
Answer:
Note: Teens ranked on 1-5 score with 1 being the most important.
Questions:
- Which of these factors matter most to you when making a clothing purchase? Why?
- Would you have given a different answer if you were asked this question 5 years ago?
- How would your answer change if considering a food purchase instead of clothing?
Behind the numbers (Piper Sandler Teen Study p.76):
We asked teens to rank what matters most to them when making a clothing purchase. Quality received the highest average score at 1.8.
----------------------
Clothing is one of the largest budget items for teens. How much does the typical American household spend on clothing and other items? This Data Crunch has the answers.
----------------------
Want to receive a Question of the Day delivered to your inbox? Sign up for the NGPF Blog!
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
SEARCH FOR CONTENT
Subscribe to the blog
Join the more than 11,000 teachers who get the NGPF daily blog delivered to their inbox: