The document provides an activity sheet for examining one's relationship with money. It asks the individual to reflect on how they view and manage money based on factors like culture, family, and personal habits. It then has the person imagine what they would do with an extra $10,000 and develop two plans to make that a reality, such as being more disciplined with spending and investing or expanding a business of buying wholesale and reselling retail.

1. Activity Sheet:
Your Relationship With Money
NAME: _
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 . . . things that contributes to mines and others happiness.
As a money manager, I would describe myself as . . . not disciplined and very loose with
money. At the end of the day money is just paper but its paper that can help you live a more
comfortable life.
My culture tends to view money as . . . necessity, im form Haiti where money Is very scarce so
they tend to do what they can to get money.
In handling money, my family and friends tend to . . . Invest it wisely, they use money to make
more money.
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 I would probably spend 5 thousand on a car
and the rest will be invested. Right now im purchasing items and reselling it on eBay. The extra 5
thousand dollars ill have will be invested in that business.
__
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. Discipline is key. Not using my money if I don’t have to, and also investing it in something
that im sure will earn me a profit. The stock market is an option but its very risky and you
can lose everything or gain more than you can imagine.
2. The business I spoke of earlier is another way of making 10,000 dollars a reality. Buy whole
and sell retail.

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? I spend now; saving is pretty difficult for a person
who likes to spoil themselves.
2. How good are you at differentiating between needs and wants and on prioritizing needs? Its
extremely easy for me to know exactly what I need and what I want. However that still wont
stop me from buying what I want.
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?
Always look at something long term to make the sacrifices worth wile. If you believe that
what you sacrifice would not compare to what you will gain in the future it makes it that
much easier to let go
When you put these ideas to work, save or invest the money to reach for your goal.