Which of the following is NOT associated with impulse buying?

Prepare for the UCF FIN2100 Midterm 2 Exam. Study flashcards and multiple choice questions with hints and explanations for better understanding. Equip yourself for success!

Financial planning is not associated with impulse buying because it involves careful consideration and strategy regarding spending and budgeting. When individuals engage in impulse buying, they typically do so without prior planning or consideration, often leading to spontaneous purchases that were not included in a budget.

Impulse buying is characterized by spontaneous purchases, emotional decision-making, and unplanned spending, all of which are reactions to situational triggers rather than a result of thoughtful financial planning. Financial planning requires a structured approach to managing money, which contradicts the nature of impulse buying, as it emphasizes impulsivity and emotional response over calculated decision-making.

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