08 INCHARGE DEBT SOLUTIONS • WWW.INCHARGE.ORG
CHARACTERISTICS ACTIVITY Choose one of the six characteristics listed on the previous page and answer the
following question.
Which characteristic did you choose?
_________________________________________________________________
Define your understanding of how individuals use this characteristic.
_________________________________________________________________
_________________________________________________________________
Developing a Positive Financial Attitude about Money Think of your money profile as a “diagnosis.” Now that you know what you are,
what kinds of goals do you need to set to move toward where you want to be?
Remember, these goals can be short, medium and long-term.
Does this scenario sound familiar: Cheryl lives paycheck-to-paycheck. She gets a
raise every 1-2 years. Each time her salary is increased, she increases her spending.
Her financial picture is stagnant. She never puts money away for a rainy day and
constantly adjusts her living to her income. What should Cheryl do to change her
financial future?
By letting her paycheck dictate her monthly spending, Cheryl has lost control.
Cheryl needs to create a budget and control her spending on her own, allocating
money for savings.
For most people, money is a limited resource. Do you manage this resource or
does this resource manage you?
Now is the time to take control of your money.
You can build a positive money attitude by overcoming five major obstacles:
1) Fear 2) Cynicism 3) Laziness 4) Bad Habits 5) Pride Even if you feel you already have a positive money attitude, it is important to keep
these obstacles in check.
