Money Habitudes cards help people understand their financial habits and general money personality. Money Habitudes are the six most common money types. The activity reveals your money personality and spending habits by showing you your own unique combination of those money types. All of the Habitudes are important but overusing any one of them can be problematic. For example, let’s look at the Giving Habitude.
When it is a strong dominant pattern, people get joy by giving to others and being charitable. That can be very good, fulfilling and rewarding. They automatically donate money or give without necessarily considering the long-term consequences of their generosity. But, what is the downside to being too giving and charitable and overusing Giving?
Talking about giving can be a rich and enlightening conversation, especially for couples. For example, after using the Money Habitudes cards, Ann had many Giving and Security cards. She requires the recipient (whether it’s a charity or her niece) to provide data and accountability before she’ll part with a penny. Her husband, Ray, had many Giving and Carefree cards. He’s a soft touch for friends, fundraisers and family members. His money simply disappears.
Ray thinks Ann is too demanding and manipulative giving people the third degree instead of trusting them to use the money wisely. On the other hand, Ann thinks Ray is foolish, wasteful and financially irresponsible the way he gives money indiscriminately. Although they donate money differently, they balance each other so the more Ray gives without thinking, the more analytical Ann becomes.
If Giving is a dominant Habitude, the questions are: