Money Habitudes is partly a money conversation starter and partly a money personality test. It’s an easy and effective way to better understand one’s habits and attitudes about money — why we save and spend the way we do — and be able to talk about the difficult topic of money in a fun, easy and effective way. A very versatile tool, Money Habitudes cards are used in many ways by a wide variety of people, but the most common activity is Money Habitudes Solitaire. The sorting process takes about 10 minutes and interpreting the results can take a few minutes or generate hours worth of productive, insightful money conversations.
Each deck of Money Habitudes cards contains simple instructions on a green card. This is essentially that information:
- Best results come when each participant has his or her own deck of Money Habitudes cards. So, use two decks for a couple, 10 decks for a class of 10 people. (Decks can be used over and over.)
- Turn over the three light blue cards and put them in front of you so they read: That’s me, That’s sometimes me, That’s not me. (Note that Money Habitudes II and Money Habitudes for Teens versions say: That’s definitely me, It Depends, That’s absolutely not me.)
- Put the light yellow cards aside and shuffle the remaining 54 statement cards.
- Hold the statement cards with the text side up and read each one. Reading through all the cards usually takes about 10 minutes. Place each card under the sorting card (That’s me, Sometimes, That’s not me) that best describes your reaction to the statement.
- Don’t be too analytical or dwell on each statement; make quick decisions.
- Answer for how you are today, not how you were in the past, how you want to be or how you think you should answer.
- Don’t worry about how many cards you have in each pile or trying to split the deck evenly into three piles.
- Remember, there are no right or wrong answers.
- At the end of reading and sorting all the cards, you should have 10-15 cards in the pile for That’s me. If you have more than 15, read through those cards and shift the few that are least like you to the Sometimes pile. On the other hand, if you have less than 10 cards in the That’s me pile, take the strongest statements from the Sometimes pile and shift them to the That’s me pile.
- Now it’s time to interpret your results…