Your 'money color' will help you understand what you value when it comes to money.  It will also help you understand whey you use or fail to use money in a certain way.  Read each statement and respond according to what comes to mind first.  Do not try to read too much into each statement.

Transfer your number of checks for each color:

Knowing your 'money color' will help you better understand your money values. Most people will check at least one question under each color. Some may respond to an equal number of questions under each color. If so, you may have competing money values.

Your money is a resource to assist you in reaching goals and getting the things you need and want. If your values or how you use money prevents you from reaching financial goals, consider changing your money habits.

Remember, you can change habits once you become aware of them. Listen carefully to determine what your money colors say about you and what risks you are likely to face if you fall into a specific money color.

The color with the highest value will represent your dominant money color.

YELLOW

MONEY IS NOT VERY IMPORTANT TO YOU AND YOUR SELDOM WORRY ABOUT IT ALL.

You are more likely to:

• expect others to come to your rescue when faced with a financial problem
• think problems will work themselves out
• not see the value in planning ahead

You are less likely to:

• use a spending plan/budget
• save for emergencies
• have options if financial situations occur in the family

GREEN

MONEY IS VALUED FOR THE STATUS IT PROVIDES

You are more likely to:

• appreciate something if it is considered prestigious (clothing name brands, neighborhood, driving the right kind of car
• Over-use credit and over spend
• Impulse shop for a rare item

 You are less likely to:

• shop sales, compare prices or look for bargains.
• consider the cost of an item as long as it is the right name brand
• be concerned about the price, especially if it is an investment and will appreciate in value.

RED

MONEY ITSELF IS NOT IMPORTANT.

It is how one uese money to enhance their life or to improve the quality of their life that makes it important. Reds are pretty balanced when it comes to managing money.

You are more likely to:

• have financial goals
• have good insurance
• save and invest
• plan spending
• compare prices and shop for the best deals

You are less likely to:

• check and update financial plans and goals as needed
• know how much has accumulated in investments and savings
• know values of life insurances and etc. Reds understand the importance of having things in place, but often fail to check on things once they are in place.

BLUE

MONEY IS VALUED FOR PAMPERING OR TREATING SELF

You are more likely to:

• shop when stressed or unhappy
• justify why it’s ok to go shopping instead of paying bills
• spend savings on what is wanted over what is needed

 You are less likely to:

• say no to treating self, especially when sad or depressed
• have limits on spending when there is a strong desire to have something
• have a reason for spending
• have a spending plan and savings you can stick to

PINK

MONEY IS VALUED FOR SECURITY

You are more likely to:

• have family members and friends to come to them for loans
• have a $10 or $20 hidden in wallet or checkbook for emergencies
• get frustrated with others who appear to be careless spenders

You are less likely to:

• make any purchase before shopping for the best deal
• impulse shop
• shop just for the fun of it

We can change our actions and develop skills to make our money colors work for us!

Adapted by: Celvia Stovall, FRM Specialist -North Carolina State University Original version developed by Dena Wise – FRM Specialist - UT Extension

Please Note

This form does not capture any confidential information.  Selecting submit only allows me to capture global data for all of the respondents so that I can tailor posts and other information based on your needs.  Example,if I find that a large percentage of my respondents are highly toxic, I'll provide posts that deal with toxicity and how to reduce or minimize it.