Page 318 - Keys To Community College Success

multiple intelligence strategies

FOR FINANCIAL MANAGEMENT

Name a significant upcoming expense: .
In the right-hand column, record specific ideas for how MI strategies can help you afford it.

IDENTIFY MI STRATEGIES THAT CAN
INTELLIGENCE USE MI STRATEGIES TO MANAGE YOUR MONEY HELP YOU MAKE A PURCHASE
Verbal-Linguistic ■ Talk over your financial situation with someone you trust.
■ Write out a detailed budget outline. If you can, store it on
a computer file so you can update it regularly.

Logical-Mathematical ■ Focus on the numbers; with a calculator and amounts
that are as exact as possible, determine your income and
spending.
■ Calculate how much you’ll have in 10 years if you start
now to put $2,000 in a 5% interest-bearing IRA account
each year.
Bodily-Kinesthetic ■ Create a set of envelopes, each for a different budget
item—rent, dining out, phone, and so on. Each month,
put money, or a slip with a dollar amount, in each envelope
to represent what you can spend. When the envelope is
empty or the number on the paper is reduced to zero,
stop spending.
Visual-Spatial ■ Set up a budgeting system that includes color-coded folders
and colored charts.
■ Create color-coded folders for papers related to financial
and retirement goals—investments, accounts, and so on.

Interpersonal ■ Whenever money problems come up, discuss them right
away with a family member, partner, or roommate.
■ Brainstorm a 5-year financial plan with one of your
friends.

Intrapersonal ■ Schedule quiet time to plan how to develop, follow, and
update your budget. Consider financial management
software, such as Quicken.
■ Think through where your money should go to best achieve
your long-term financial goals.
Musical ■ Include a category of music-related purchases in your
budget—going to concerts, buying CDs—but keep an eye
on it to make sure you don’t go overboard.

Naturalistic ■ Analyze your spending by using a system of categories.
Your system may be based on time (when payments are
due), priority (must-pay bills versus extras), or spending
type (monthly bills, education, family expenses).

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