The 5 Money Personalities
Written by Scott & Bethany Palmer
Releasing January 2013
About The 5 Money Personalities (as taken from the authors website)
The hidden key to a healthy relationship is not just managing money but understanding how the other approaches money.
Every
couple argues about money. It doesn’t matter if you’ve been married for
40 years or dating for 4 months, money touches every decision you make
as a couple—from the $5 cup of coffee to the $50,000 car. And when the
two of you don’t see eye-to-eye on how much to spend or how much to
save, that’s when arguments turn into ugly toxic fights that leave both
persons feeling hurt and angry. It’s why money has become the #1 cause
of divorce in the U.S. Obviously, something needs to change. The reason
this crisis has not been addressed is because it has never been
identified, defined, or given a name. Scott and Bethany Palmer, aka “The
Money Couple,” have identified and defined this problem and offer
concrete solutions to fix it.
Once
you know your Money Personality, you can get to the root of money
arguments and start really working together. You’ll discover what has an
impact on your loved one’s money decisions, and you’ll learn how to
talk about money in a way that’s actually fun! You’ll figure out how to
put an end to money secrets and lies once and for all.
It’s
not just about money management, and it’s definitely not just about
overcoming debt. It is a whole new way of living that will change
everything in your relationship. Tens of thousands have already been
transformed. Are you ready?
About Scott & Bethany Palmer
"The Money Couple", have dedicated their lives to helping other strengthen their relationships with
the 5 Money Personalities. With 43 years of combined financial planning
experience, they launched "The Money Couple" and are regulars on
national TV and radio and speak internationally about love and money.
Scott and Bethany enjoy an active lifestyle in Colorado with their two
young sons, Cole and Cade.
My thoughts
I received this book in exchange for my thoughtful review. I have to be honest, though my husband
and I don't generally argue about money we do have two vastly different opinions about money,
savings, spending and enjoying money. In fact we have ample discussions about our money
differences with close friends of ours, I like to save and feel secure, and my husband likes to enjoy his
money earned. I get and understand his point of view. In fact, I've come to adapt to that view at times.
But there has to be a "limit" to the fun and enjoyment, and it can't only be one side enjoying.
An argument for another day.I can't honestly give you my full review on the book, because if you
follow it accordingly, it takes more than the time I've had it in my possession.
What I will tell you is that the book encourages that you take your time, work and read together,
communicate at the end of each chapter by the "Make it Happen" exercise that will reinforce what
you have read. Keeping an honest open dialogue with your partner is key.Life has a way to making us
forget our dreams, hopes, wishes, we limit ourselves, and never really end up "Making it happen"...
Not this year, not in 2013! This book is not about creating a budget or a financial plan,
its about helping couples dream together again!
Chapter one was really an introduction, it shared the reasons behind the book, what you will learn
from the book (or what they hope you'll learn), really just opening your eyes and getting you to
realize that financial happiness is possible with your spouse. Plus it gives you examples of real life
stories of couples they've counseled, how their lives have been changed and impacted by life and
finances.
"Make It Happen - Recapture that desire to discover new things about your spouse. Take turns
telling each other one thing the other person might now know about you, even after years of
being together."
There's also a companion tool on their website. A quiz that helps you determine your money personality.
It posed questions like "Meaning is more important than cost when giving a gift" on a scale of 1 to 5. My responses say:
Your Primary Money Personality is Saver
|
Your Secondary Money Personality is Security Seeker
|
Twitter: https://twitter.com/themoneycouple
YouTube: http://www.youtube.com/themoneycouple
Amazon: http://www.amazon.com/The-Money-Personalities-Speaking-Language/dp/0849964784/
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Disclosure of Material Connection: I received one or more of the products or services mentioned above for free in hope that I would mention it on my blog. Regardless, I only recommend products or services I use personally and believe will be good for my readers. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising.
I got the same result as you and feel like my husband's attitude about money is similar to your husband's. Though my core values (untainted by emotions and life and other kinds of stupidity) are rooted in the saver and security seeker personality profiles, I HAVE BEEN often impulsive and spent money on stupid stuff I never actually need or use.
ReplyDeleteI feel myself returning to my TRUE self, however, and am working toward making necessary changes to that end!
Thanks for sharing!
This sounds really informational & a great way to figure out how to be more "financially responsible".
ReplyDeleteI'm a Saver & Security Seeker
ReplyDelete