Page 108 - Keys To Community 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
learning 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.

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