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Show 1 1 Examine Your Attitudes I There are no right or wrong answers to these questions. They are designed to start' you thinking about your own money attitudes, which are the most important determinants in how you handle money. 1. Rank the following from "easiest" to "most difficult" according to the ease with which you spend money for: Clothes for yourself Medical care Entertainment-Travel Charitable Giving Cleaning help Expensive luxury items Clothing for children Auto repair Household upkeep Your feelings about spending will determine how much you spend as compared to how much you save or invest. 2. How do you feel about owing money? Anxious Guilty Comfortable I feel it is good to borrow during inflationary times. Feelings shouldn't enter into your decision. Borrowing should be an objective act. 3. Do you agree that your ability to deal with numbers (mathematics) is directly related to your ability to manage your finances? a) Agree b) Unsure c) Disagree Effective money management has to do with planning, analysis and implementation, not with computing complex mathematical figures or formulas. 4. What would your net worth be to qualify you as rich? a) Less than $100,000 b) $100,000 to $500,000 c) $500,000 to $1,000,000 d) Over $1,000,000 Everyone has a different concept of what constitutes wealth, which is fine. We will all handle money differently. 5. If you are working, rank from 1 to 10 the following aspects of your job in order of their importance. Fellow workers Benefits (pension, medical, and life insurance, vacations, etc.) Salary Skills aquisition Challenge Most women do not put salary at the top. |