Enumerate at least five things you want to buy for yourself and the amount you allot for each item. Basing on your list, analyze your status and values as a consumer.

 

1 -- 1st thing i want to buy is a mobile phone for my daily use. i will give it the top priority in my list as mobile phone is the most essential item for a person. i will spend reasonable amount of time in it as selecting a suitable mobile phone through internet nd find the model which suits my budget. budget for it depends on my savings and likes

2-- 2nd thing i want buy is a watch when it comes to priority i will not give it much importance as compared to that of mobile phone as it is not a thing of necessity for us amount alloted on it is also less beacause we dont have to do any research and comparison and expenses alloted on it is comparatively less and doesnot have any burden on our pocket.

3-- 3rd thing i want to buy is a pair of shoes as choice of shoes is dependent on personal likeness of a person and every person has his different choice nd preferences when i will go to buy a shoes instead of researching online i will personally go to the showroom nd chose as per my likeness and spend on it as per my budget.

4-- 4th thing i want to buy is some perishable things for home such as eggs breads milk etc. these things are the basic needs of every person and these things doesnot need any time nor any preferences just go to the shop nd purchase as per our need no budgetary planning is required in it.

5--- last thing i want to buy by will give it least preference is to buy a car. as it is the dream of every person to have a car of his choice bt it soleley depends on a persons budget as per it when i want to buy a car propoer budgetary planning and proper research is required and it takes the maximum time..