Finding Your Money Personality: Part 1
Has anyone ever told you that you have a great personality? What about your money personality? In today’s blog we are going to look at 5 money personalities and the impact they have on many aspects of our lives and our relationships. In “The 5 Money Personalities: Speaking the Same Love and Money Language,” the Money Couple Bethany and Scott Palmer unpack these categories in detail, so this blog is an introduction to the idea.
Every person has a primary and secondary money personality. The primary personality is the one that fits your actions and feelings about money without question. The secondary money personality is the one that resonates with you, but not as much as the primary. Our personalities are a result of the characteristics we are born with (nature) and the development and growth of those aspects through the environment in which we grow up (nurture).
The 5 Money Personality Types
Every person has a primary and secondary money personality. The primary personality is the one that fits your actions and feelings about money without question. The secondary money personality is the one that resonates with you, but not as much as the primary. Our personalities are a result of the characteristics we are born with (nature) and the development and growth of those aspects through the environment in which we grow up (nurture).
The 5 Money Personality Types
- Savers “get a rush out of saving money.”
- Spenders actually get the rush from spending money.
- Risk takers are more excited about the risk than they are of the potential profit that could be made.
- Security seekers are most interested in their finances being safe and in line.
- Flyers (as in fly by the seat of their pants) are rarely affected emotionally by money.
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