Financial values and dominant money personalities affect everyone’s financial decisions. The focus of this course is for learners to investigate their dominant money personality and financial values; understanding what drives financial behaviours can give learners more control over their financial decision-making.
By the end of this course, learners will be able to:
- Label the main features of four money personalities
- Determine their dominant money personality
- Identify two things they learned about themselves from their money personality
- Determine their financial values
- Compare their financial values to recent spending and saving behaviour
- Analyse the results of a financial values quiz
- Explain the top three things they want money to do for them
- Recall the action strategies for four money personalities
- Select strategies to improve their money management
- Recall how financial values are connected to money decisions
This course consists of three key areas:
- Money personality profiles
- Financial values
- How money personalities and financial values affect financial decision making
We start by identifying and analysing each learner’s dominant money personality and top financial values and then work through the impact of these on financial decision-making. We finish by examining easy-to-implement strategies to improve future financial decision making.
Completing the course
This learning is self-guided. What this means for you as a learner is that you have more choice, but greater responsibility. Self-guided means you set the pace and choose how and when to complete readings, videos and activities. Self-guided also means you are responsible for checking your answers against our model answers or feedback.
Don’t forget, you probably also know some people around you, your family, friends, and work colleagues, that might be able to help.
We’d love to acknowledge your learning through a badge. So if you’d like to get a badge, here’s what you need to do:
- View every page of this course
- Complete every activity
- Complete the course survey
- Achieve 100% on the final quiz
Once you’ve done this, your badge will appear on the overview page for this course.
Click on the ‘Contents’ link when you are ready to begin.
Standards (for educators)
The content and tasks in this course have been aligned to the following Australian Curriculum elements:
- Consumer and financial literacy – Use critical thinking and problem-solving skills to make informed consumer and financial decisions
- Competence – The application of consumer and financial knowledge and skills in a range of changing contexts
- General Capabilities
- Critical and creative thinking
- Imagine, generate, develop and critically evaluate ideas (Technologies)
- Generate and evaluate knowledge, ideas and possibilities, and use them when seeking solutions (Mathematics)
- Critical and creative thinking
- Economics and Business (I & A) – Interpret data and information displayed in different formats to identify relationships and trends (ACHES034)
- Elaboration: Interpreting data in tables, charts and graphs to identify relationships
- English (CT) – Use a range of software, including word processing programs, flexibly and imaginatively to publish texts (ACELY1748)