Money habitudes
Money Habitudes is a personality tool used in the fields of financial education, financial planning, therapy and relationship counseling and career coaching. It addresses the psychology of money and has elements of being a financial personality test, ice breaker and conversation starter.[1]
Designed like a card game, it uses a system of six different money personality types to help people understand their money habits and attitudes. These are Security, Targeted Goals, Status, Selfless, Free Spirit and Spontaneous.[2] (These names change slightly in different versions of the assessment.) Like a scale, each of the six categories has nine statement cards associated with it; the strongest tendency would be agreeing with all nine statements in a category while the weakest possibility is a category where one has not agreed with any of the statements.[3] The money type names are derived from positive financial traits; other money personality systems use money types named for areas of financial improvement. Also, while other money personality systems define a person as being only one type, the Money Habitudes methodology characterizes people as a combination of multiple money types.
Created by Syble Solomon, the first version of the assessment tool was released in 2003.[4] It has been revised multiple times. Different versions include assessments for adults, young adults, teens and Spanish-speakers.[2]
For creating Money Habitudes, Solomon received the Mary Ellen Edmondson Educator of the Year award from the Association for Financial Counseling and Planning Education[5] as well as the Smart Marriages Impact Award from the Coalition for Marriage, Family and Couples Education in 2009.[6] The instructional game was named a personal finance book of the month selection in 2011 by the Washington Post,[7] the first time a non-book was so recommended.
References
- ↑ About Money Habitudes. Money Habitudes official website. Retrieved 2012-01-12.
- ↑ 2.0 2.1 Money Habitudes versions. Money Habitudes official website. Retrieved 2012-01-12.
- ↑ Interpreting Money Habitudes Results. Money Habitudes official website. Retrieved 2012-01-12.
- ↑ Money Habitudes history. Money Habitudes official website. Retrieved 2012-01-12.
- ↑ Syble Solomon board of directors biography. Association for Financial Counseling and Planning Education official web site. Retrieved 2012-01-12.
- ↑ Money Habitudes Wins Smart Marriages Impact Award.
- ↑ Card game draws out your attitudes about money
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