Welcome Take out the money habitudes wkst from

Welcome • Take out the “money habitudes” wkst from last class.

Money Habitudes What is your money personality? ? ?

Copy this table into your notebook. That’s not me! Targeted Goals Status That’s sometimes me… or That’s partially true. Free Spirit Spontaneous That’s me! Security Selfless

How to Play – Small Groups • • • Instructions: DO NOT FLIP THE CARDS OVER! LOOK ONLY AT THE SIDE WITH THE SHORT STATEMENT IN BLACK FONT! As the designated reader reads each numbered card’s statement, write the card’s number in the box you feel it belongs in. DO NOT over think it! Your goal is to sort these based on your “gut reaction”. There are no right or wrong answers! After reading through all of the cards, count the cards in the “That’s me!” box. You need to have around 10 - 15 cards in this box. If you have less than 10 there go through the “That’s sometimes me” box and choose more cards that describe you to add to the “That’s me!” box. That’s not me! That’s sometimes me… or That’s partially true. That’s me! 1, 3, 9, 15, 17, 4, 6, 10, 12, 16, 2, 5, 7, 8, 11, 22, 23, 29 18, 21, 24, 25, 13, 14, 19, 20, 26, 27 28, 30 Targeted Goals Status Free Spirit Spontaneous Security Selfless

How to Play – Small Groups • The designated reader will now flip over each card, starting at 1, to reveal the “habitude” on the back. As he/she does this, draw a tally in the corresponding habitude box for every card you wrote in the “That’s me!” box – • • • (Important – do not do anything in with the card numbers you wrote in the “That’s not me!” or “That’s sometimes me…” box unless you do not have enough in the “That’s me!” box. ) Which category has the most cards? This will describe your most prominent money-spending habits and attitudes. Find the yellow card on your table that describes the pros and cons to be someone with your type of “money habitude” and write the required information at the bottom of the worksheet. Reorder the cards from 1 – 30 with 1 on top and PLACE WITH PICTURES FACE DOWN (JUST LIKE THEY WERE WHEN YOU STARTED THE GAME) FOR THE NEXT GROUP TO USE. That’s not me! That’s sometimes me… or That’s partially true. That’s me! 1, 3, 9, 15, 17, 4, 6, 10, 12, 16, 2, 5, 7, 8, 11, 23, 29 18, 21, 24, 25, 13, 14, 19, 20, 26, 27 22, 28, 30 Targeted Goals III Status Free Spirit Spontaneous II I Security Selfless IIIIII

What do these cards mean? Types What Habitudes Reflect Security Money helps you feel safe and secure. Spontaneous Money encourages you to enjoy the moment. Status Selfless Money helps you create a positive image. Free Spirit Money is not a priority at this point in your life. Targeted Goals Money helps you achieve your goals. Money helps you feel good by giving to others.

My “Money Habitude” is __________ • 3 advantages of this habitude are: – 1. ) – 2. ) – 3. ) • 3 disadvantages of this habitude are: – 1. ) – 2. ) – 3. ) • 3 suggestions people with this habitude can use: – 1. ) – 2. ) – 3. )

Security • How others see you: – Thrifty and organized OR – Miserly and cheap • Advantages: – – Budgeting, financial goals and savings Wise shoppers – conservative Takes care of possessions so they last Have accessible money in case of emergencies • Disadvantages: – Saves so much money there is none for todays wants/needs – Buy based on price when it isn’t what is actually wanted or won’t hold up over time – Conservative, money is safe but doesn’t grow – May not take beneficial risks with money

Spontaneous • How others see you: – Spontaneous and fun loving OR impulsive and unconcerned with consequences • Advantages: – – – Enjoy an exciting and fun life Able to quickly respond to opportunities Attention and recognition Others are drawn to your spontaneity Get things right away without waiting Experience thrill of taking risks • Disadvantages: – – – – Difficulty saying “no” Spending money when you don’t have it Go into debt to buy things you don’t need Do not have reserves for the unexpected expenses Owe money to others Feel powerless to control spending Keep money secrets because you are ashamed of your spending or debt

Status • How others see you: – Generous and impressive OR superficial and insensitive • Advantages: – – – Present a strong first impression Make generous donations Give expensive or unexpected gifts Enjoy others’ reactions to your giving Never burden others about money problems Enjoy sharing and including others • Disadvantages: – – – Create a false impression of having wealth Feel constant stress to keep up with others Do not have reserves for the unexpected Get into debt to maintain appearances Always give but have trouble receiving graciously Keep money secrets for fear of losing status

Selfless • How others see you: – Sacrificing and charitable OR judgmental • Advantages: – – – Have strong values and convictions Generously support other people or causes Live simply to reflect non-materialistic values Act ethically and with integrity Depended upon by others Clearly differentiate between needs and wants • Disadvantages: – – – Feel guilty or angry if money spent on personal entertainment Disappointed when others don’t reciprocate your caring or giving Use giving as a form of control to impose personal values on others Intolerant of people who have different money lifestyles Resent when giving is expected and assumed

Free spirit • How others see you – Easy going and care free OR immature and irresponsible • Advantages: – – – Have faith that others will provide Can react spontaneously to new opportunities Not distracted by money considerations or details Share generously with others Do not feel pressured by other’s expectations Adapt easily to new situations • Disadvantages: – – – Lack the skills and information to make wise choices Unable to support yourself if the person providing for you cannot anymore Feel trapped or obligated by being supported Miss opportunities by avoiding commitments Do not have necessary items because of sharing so freely with others

Targeted goals • How others see you: – Responsible and accomplished OR driven and too conservative • Advantages: – – – Make intentional financial decisions based on values and desired long-term outcomes Have money reserved to pay for the unexpected Set and accomplish realistic goals Buy items you really want that will retain value Have a sense of well-being and control • Disadvantages Feel pressured by others to spend money on things that do not fit your budget or values Expected to help others who did not plan Have difficulty responding to new opportunities because they are not part of your plan Can be intolerant or impatient when others do not meet your standards or have different values – Hide or withhold information from significant others to stay in control of the money – –

How to Play – Individual • • Instructions: DO NOT FLIP THE CARDS OVER! LOOK ONLY AT THE SIDE WITH THE SHORT STATEMENT IN BLACK FONT! Read each statement and place it on your game board below and place it in the column you feel it belongs in. DO NOT over think it! Your goal is to sort these based on your “gut reaction”. There are no right or wrong answers! After placing all of the cards, count the cards in the “That’s me!” pile. You need to have around 10 - 15 cards in this pile. If you have less than 10 here go through the “That’s sometimes me” pile and choose more cards that describe you to add to the “That’s me!” pile. Take the cards in the “That’s me!” pile and flip them over. Sort the cards into groups based on the picture on the back. • • (Important – do not do anything in with the card numbers you wrote in the “That’s not me!” or “That’s sometimes me…” box unless you do not have enough in the “That’s me!” box. ) Which category has the most cards? This will describe your most prominent money-spending habits and attitudes. Find the yellow card on your table that describes the pros and cons to be someone with your type of “money habitude” SHUFFLE CARDS and PLACE WITH PICTURES FACE DOWN (JUST LIKE THEY WERE WHEN YOU STARTED THE GAME) FOR THE NEXT PLAYER TO USE.