Money Personality Reflection Paper

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MoneyPersonalityReflection.docx

Money Personality Reflection

In doing this activity I learned that “planning” was my most dominate money personality with seven cards. Following up with four cards was “giving”, and “spontaneous” had two cards. In the maybe me pile I had six for security and also spontaneous. I would say that this is very accurate, I like money for security, but when I get some extra money I like to go out and spend it on myself and things that I want. I would say that these personalities are mostly spot on with how I personally handle my money. When I start it run low on money I get very anxious and nervous, it just isn’t how I like to live. I don’t like feeling like I am stuck. When doing this exercise I felt kind of like there was a weight on my shoulders, and like there was some pressure on me. Not in a bad way, but in a way that just felt trying.

I think that I will use this to my advantage when in the future because no I know that my personality is what I thought it was. I think that it will help me plan more for the future and not just be a spontaneous spender, like I am sometimes when I get a little bit of extra cash. This makes me feel a little better about how I take care of my money and how I spend it also.

If I had to guess what my dad’s money personaility was I would guess that it was probably the same as mine. He likes to plan what he is going to use his money for every month. He does not really like the unexpected things that come up, like a car breaking down (but who does). He also likes money to feel secure. When money gets low in the family we can all tell, because he gets on edge and he gets mad when someone spends money. My mom is more of a spontaneous spender I think, but she doesn’t like it for status. If she is out and she sees something that she likes and she thins that she needs it, she will probably buy it. Which is find this strange because she used to manage other peoples money for a living. This can create some conflict in the house because if money becomes tight in the house, my dad is trying to cut back spending, but my mom will still spend money when she finds something she likes.

How has this created conflict in your home?

Only three paragraphs not four. Second paragraph not very well developed.

Several missing words or misspelled words. Highlighted.

Paper does a good job of describing the results of the activity and gives examples that support the personality type.

The paper falls short when it comes to how different money personalities come into conflict, how is the conflict resolved?