Values

Jessica George Adult Roles and Financial Literacy

Learning Objective:

A) Define and discuss values and their

functions.
B) Identify spending habits and their
connection to personal financial values.
C) Explain the effect of values on relationships
and financial decisions.
 What are Values?

Qualities, characteristic or ideas about which we feel very

strongly.
Values define what is of worth.
Our values affect our decisions, goals, and behavior.
A belief that someone or something is worthwhile.
Values help guide your actions and judgments.
 Where do you get values?

Home Church
Society Music
School Books
Friends Families
TV Culture
Internet The way you were raised
 Age Influences Values:

Ages 1-7
Your parents
Ages 8-13
Teacher, heroes (sports, rock, TV)
Ages 14-20
Friends (make sure you choose good ones!)
Ages 21 and older
Your values are established, but you may test your values from time to time
 Values from the beginning:

By the time you are seven years old you have already
formed values from your parents.
Values need to be taught from the very beginning.
 Characteristics of Values:

Values of personal
Our actions point to what we really value
Our values give us our perception of the world
Inconsistent behavior may indicate and absence of
values
Values change as experiences change
 Characteristics of Values:

Respect others values

When faced with adversity, our values determine our
choices
Our values give us identity
Values are subject to change!
Types of Values
Moral Values:

What is right or wrong; codes by which to

live by.

What are some examples.

Aesthetic Values:

What you feel has beauty in nature and

life.

Do we all feel the same way about this?

Material Values:

The things we want to sped our money

on.

How many of you only buy things on

sale?
Intrinsic Values:

Things that have value to us in their own

right.

Example: a unique car, a best friend, a

grandpa
Extrinsic Values:

You value something because it helps you

get something you desire.

Example: you are friends with someone

because they are good at a sport and
they can help you get better.
Universal Values:

Values that most people agree. Equality,

world peace, respect.

Does everyone feel this way?

Group Specific Values:

Each region or groups values are specific

to them.

Can you think of an example?

Wants versus Needs
What are wants?

Wants are when you have a desire to

possess or do something (to wish for).

What are some examples of wants in

your life?
What are needs?

Needs are things that cannot be avoided

or you cannot help doing something.

What are some examples of needs in

your life?