When we spend money, we are invariably consuming. Members of our society are acting as consumers whenever they purchase any form of good or service. However, when we consume we also accept a certain amount of risk. Virtually all purchases can involve potential hazards. We might buy something that does not work, or that fails to fulfill the need or want we have, or we might purchase something only to lose it later on.

Now consider the various ways in which you spend money. Are there certain risks associated with these expenditures? Have you ever spent money and yet not been entirely satisfied with the result? Complete the analysis below by listing the various types of expenditures you regularly encounter. List these expenditures in order of most common to least common. After you have listed these expenditures, you will then make note of the various rewards and risks associated with each purchase. Finally, you are asked to consider what form of protection might be available to address the risk(s) associated with each expenditure.

Satisfaction Vs Risk - The Dilemma of Consuming

Expenditure	Reward	Risk(s)	Protection
1. __________ ____________	____________ ____________	____________ ____________	____________ ____________
2. __________ ____________	____________ ____________	____________ ____________	____________ ____________
3. __________ ____________	____________ ____________	____________ ____________	____________ ____________
4. __________ ____________	____________ ____________	____________ ____________	____________ ____________
5. __________ ____________	____________ ____________	____________ ____________	____________ ____________
6. __________ ____________	____________ ____________	____________ ____________	____________ ____________

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