Page 132 - Keys to College Success

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YOUR FINANCIAL PREFERENCES

As your unique preferences affect how you learn, they also influence how you approach your finances. Based on your learn-
ing preferences, take a look at how you think about and interact with money. Circle your answers to the following questions:

1. How often do you use a credit card?

a. Never

b. Less than twice a month

c. Less than twice a week
d. Daily

2. When you see something you like at the store, what do you do?

a. Go to other stores to compare prices

b. Think about it for a day or two

c. Ask your friends what they think
d. Purchase it immediately

3. How many credit cards do you have?
a. 0

b. 1

c. 2
d. 3 or more

4. How much credit card debt do you incur each month (in other words, how much money do you spend on credit
monthly)?
a. $0

b. $1 to $100

c. $101 to $500

d. More than $500

5. How much of your credit card balance do you typically pay off each month?
a. 100%

b. 50% to 99%

c. 25% to 49%

d. Less than 24%
Now add up the number of a, b, c, and d answers:
a ________ b _______ c _______ d _______

■ Thinkers and Organizers often have more a and b answers because they tend to be careful with money, thinking

about the f nancial impact of their purchases and planning for the future.

■ Givers may also be careful with their money, but often end up helping others or giving gifts, which might give
them more c answers.
■ Adventurers are usually risk-takers, which means they may be willing to take on more debt. They are likely to

have more d answers.

Better career planning. Exploring ways to use your strengths in school will help you

make better choices about what internships, jobs, or careers will suit you. For most

college students, majors and internships are more immediate steps on the road to a
career. Internships can be extremely rewarding risks, giving you a chance to “try out”
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