Samantha analyzes herself as a money manager. She values spending on necessities rather than wants. As a money manager, she describes herself as good at spending on necessities rather than wants. Her culture views money as a collective resource to be independently earned. She looks up to how her parents handle money by saving and spending on needs rather than wants. If she had extra money, she would save it because she doesn't want to work as hard in the future. To make $10,000 a reality, she plans to get a better paying part-time job until finishing school and take on more classes.

1. NAME: _ Samantha Degen
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 . . . What I feel is necessary, such as thing I need.
As a money manager, I would describe myself as . . . Good at spending money on
necessities rather then wants.
My culture tends to view money as . . . A collective resource to be independently
earned.
In handling money, my family and friends tend to . . . I look up to the way my
parent handle money because they are good at saving an spending money on
things they need rather then want.
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 a some extra money I would definitely save it because I know in the
future I’m not going to want to be working as hard as I am at the moment.
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. _ Look for a better paying part time job until I finish school.
2. _ Take on more classes in school

2. Part II
Answer the Following Questions:
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? Save for the future
2. How good are you at differentiating between needs and wants and on
prioritizing needs?Im very good I would rather save money then spend it on
100 dollar sneakers or eating out.
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? Think things out before you spend the money one
them.
When you put these ideas to work, save or invest the money to reach for your goal.