1. They clarify and set savings goals.
a. Do you have any savings goals when you get money?
b. Are you aware of your personal situation, and are you in control of it?
2. They have a spending plan.
- When you get money, do you have a spending plan for it?
- Name one way you could improve on your plan.
3. They do not go into debt.
a. If
you wanted a new computer, would you save until you had the money for
it,
or would you buy it with a credit card and pay for it later?
or would you buy it with a credit card and pay for it later?
b. Do you avoid “Buy now, Pay later” offers?
4. They save for future needs.
a. Do you have a savings account?
b. Are you a “Saver” or a “Spender”?
5. They put their needs before their wants.
a. Do you eliminate excessive spending by looking for things you can do without?
b. Do you know what your personal budget busters are?
6. They are generous.
a. Do you help family and friends if they need financial help?
b. Do bless others financially even if you do not have too?
7. They take advice from trusted people in their lives.
a. Do you listen to your parents’ council on matters of money?
b. Do you listen to learn at school in subjects that have financial information?
