Money Habitudes®

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Money Habitudes

We’re all aware that money issues are inextricably entwined with the success or failure of romantic relationships. As educators, we’ve seen how financial ignorance affects teens’ ability to reach their goals for lifestyle, education, career and family.But while teaching about interest rates, credit and budgeting solves part of the problem, it’s not enough.What’s often missing from these programs is attention to the “human” side of financial literacy – those deeply-rooted attitudes that dictate how we actually act around money.We’ve all seen may people who spend extravagantly while professing tight budgets…who hide purchases from family or friends…who buy things they don’t really want, or forgo important purchases that they can easily afford…or neglect dealing with their finances at all. We’ve seen how often money is used to symbolize power, success, freedom or love.In real life, many spending behaviors reflect not logic, but unconscious habits and attitudes that were acquired young and persist regardless of financial savvy or economic status.The Money Habitudes® curriculum explores this phenomenon, and serves as a useful, non-technical introduction to standard financial literacy programs.As the inspiration for this program, we selected the acclaimed self-assessment “card game”, Money Habitudes®. Integrated into the curriculum, this simple tool helps teens how they relate to money and ways this knowledge can help or hinder financial, lifestyle, and relationship outcomes.Some specific subjects teens learn include:

  • The role of money in society and why they need to learn about it.
  • Their assumptions and expectations about money in their own lives.
  • The many hidden meanings that people attach to money and how these are reflected in different behaviors.
  • How socio-cultural, family and life experience influence individual financial behavior.
  • The role of individual personality and emotions in forming financial behaviors.
  • Common “money personalities” and the advantages and disadvantages of each.
  • How to use this information to gain control, set and reach goals, and enhance relationships.

Money Habitudes® lessons use a non-judgmental tone, non-technical content and teen friendly context to fully engage students in the learning process. At every stage, the emphasis is on self-discovery through observation, discussion, reflection, and creative activities.