1.1 MONEY PERSONALITY Work through Worksheet 1.1 to understand your relationship with money.

In order to self-assess your relationship with money, circle the statements below that best describe your outlook.
A It’s a good feeling to have money in my wallet.
B No one can ever really have enough money.
C Clothing should look expensive.
B You can’t live without credit.
D There are a lot of things more important than money.
E Keeping track of every dollar would drive me crazy.
A It’s important to record every dollar you spend.
C Money and prestige go hand in hand.
E A person can get along without a savings account.
D It’s easy to have fun with simple things that do not cost much money.
A Money should only be spent for necessities.
C I want nothing but the very best.
E If I just wait, my money problems will take care of themselves.
D Money doesn’t buy happiness.
B It would be easy to spend $5,000 in just a couple of days.
A I shop around to find the best price.
E If I need money, it will come from somewhere.
A I won’t buy anything unless I have enough money for it.
C If I am going to buy something, I am going to buy the best option of it.
B I will never buy something used, always brand new.
D A lot of money would be nice, but I don’t really need it.
E I never make plans about money.
Count up the number of times you circled A, B, C, D and E statements. If you mostly circled:
A: You value money for the security it provides.
B: You want a lot of material items and you want them now.
C: Money helps you feel important.
D: Money is a resource to get the things you need or want.
E: You are not concerned with money, there is no reason to worry about it.
How does this statement reflect your relationship with money? Give a specific example:
How does this statement not reflect your relationship with money? Give a specific example: