This document contains an activity sheet for a person named Shuntavis Dixson to examine their relationship with money. It asks them to analyze themselves as a money manager by considering what influences how they handle money and their personal experiences. It then asks them to imagine what they would do if they had an extra $10,000 this year, to which they respond that they would save most of it and only spend on needs. Finally, it prompts them to list two specific plans to change how they manage money to make saving $10,000 a reality, which they identify as spending more on needs and avoiding locations where they like to spend money.

1. Activity Sheet:
Your Relationship With Money
NAME: Shuntavis Dixson
Your Relationship with Money
Getting a handle on money anxiety starts with an honest examination of how you relate to it.
BUILD BASIC SKILLS. Analyze yourself as a money manager. Look back to Key 11.1 on page 297
for a description of what influences how people handle money. Make notes about your personal
specifics in the following areas.
I most value spending money on clothes and food.
As a money manager, I would describe myself as somewhat good at it. I tend to lose focus on
saving it sometimes.
My culture tends to view money as a way of living. It is a necessity of everyday life.
In handling money, my family and friends tend to do a good job at saving it and not spending it
like it is nothing.
TAKE IT TO THE NEXT LEVEL. Generate ideas about what you want to do with your money. If you had
enough money for your expenses and then some, what would you do with the extra? Would you save it,
spend it, or do a little of both? Imagine what you would do if you had an extra $10,000 to spend this
year. Describe your plan here:
If I had an extra 10,000 dollars, I would save a majority of it and the little spending that I will
do will go towards important things. I would try to spend money on my needs more than my
wants.
MOVE TOWARD MASTERY. Look for practical ways to move toward the scenario you
imagined. Realistically, how can you make that $10,000 a reality? You may need to change how
you operate as a money manager. You may need to make some sacrifices in the short term.
Come up with two specific plans here about changes and sacrifices that will move you toward
your goal.
1. I would spend more on needs than my wants
2. Do my best to stay away from stores and other locations that have different things I like to
spend money on.
Part II
Answer the Following Questions:

2. 1. Nearly 3 out of 4 people in the U.S. cite money as the top stressor in their lives.
Do you spend now or save for the future?
Do a little of spending now, just the bare minimum, and have a plan of putting so
much money back every time I get paid.
2. How good are you at differentiating between needs and wants and on prioritizing needs?
I am somewhat good at it. Sometimes I mistake my wants for my needs.
3. Everyone has a weak spot; some people like new clothes, others like fancy restaurants.
What can you do to make financial sacrifices seem worth your feelings of deprivation?
Instead of going to fancy restaurants, I would do more cooking and eating at home. As far as
me buying new clothes I would just make do with the clothes I have now. Also be good at
keeping up to keep and not wearing them a lot and putting a lot of wear and tear on them.
When you put these ideas to work, save or invest the money to reach for your goal.

3. CHAPTER 11: Managing Money