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The Wrong Personality for Budgeting!
“I have the wrong personality for budgeting” explained the lady I met in Burger King.
This common statement is not a “cop out”. It actually turns out to be the key to understanding why budgeting is so difficult for many people.
You see... We are all different. No one thinks twice when the person sitting next to them at the restaurant chooses different meals. In fact you’d probably walk out of a restaurant that had only one item on the menu. Yet when it comes to money, we’ve expected people to budget in exactly the same way.
This is great news if you or someone you know has had difficulties budgeting in the past.
Let’s take a moment to think of some of the people you know…
Do you know some people who find handling money “easy” and other people who have to “work hard” or the money just slips away from them?
Surprise, surprise, each of us sees money differently. We have a unique financial personality that has preferences for how we do things.
Which brings us to the big question…?
Can the different “Financial Personalities” be identified?
After 15 years plus of researching this area I’d like to suggest that we can discover a lot about our financial personality by looking at what empowers us.
Money for Fun people are empowered by being able to use their money to bring fun and life to themselves and the people around them.
Money for Projects people are empowered when they are using their money for something to do or plan.
Money for Others people are empowered when they use their money to help.
Money for Tomorrow people are empowered by being able to save and plan for tomorrow. [/list]
Each of us has a unique mix of these four main types. The mystery of why traditional budgets work for some people and not others is solved. So too is the mystery about why fighting over money is the second highest reason given for divorce.
Put simply, trying to budget in a way that doesn’t suit is as sensible as trying to wear clothes that are too small. It’s uncomfortable, doesn’t last and causes friction.
This brings us to the FREE Personality Budgeting Quiz at www.PersonalityBudgeting.com . The quiz was developed especially to allow people to discover the strengths of their “Financial Personalities”. You and your friends are welcome to give it a go. To date, thousands of people from over 40 countries have tried their hand at the quiz and found it helpful. (NOTE: The quiz is free and so are the follow up materials. Using the free quiz does not commit you to accessing the paid products at this site.)
So what do you think? Would it be helpful to understand your “Financial Personality” as well as that of your partner and the people you spend time with?
Have you had instances where you’ve come across people with different “Financial Personalities” to you?
Enjoy Your Money
The Budget Man
The home of the free Personality Budgeting Quiz
“I have the wrong personality for budgeting” explained the lady I met in Burger King.
This common statement is not a “cop out”. It actually turns out to be the key to understanding why budgeting is so difficult for many people.
You see... We are all different. No one thinks twice when the person sitting next to them at the restaurant chooses different meals. In fact you’d probably walk out of a restaurant that had only one item on the menu. Yet when it comes to money, we’ve expected people to budget in exactly the same way.
This is great news if you or someone you know has had difficulties budgeting in the past.
Let’s take a moment to think of some of the people you know…
Do you know some people who find handling money “easy” and other people who have to “work hard” or the money just slips away from them?
Surprise, surprise, each of us sees money differently. We have a unique financial personality that has preferences for how we do things.
Which brings us to the big question…?
Can the different “Financial Personalities” be identified?
After 15 years plus of researching this area I’d like to suggest that we can discover a lot about our financial personality by looking at what empowers us.
Money for Fun people are empowered by being able to use their money to bring fun and life to themselves and the people around them.
Money for Projects people are empowered when they are using their money for something to do or plan.
Money for Others people are empowered when they use their money to help.
Money for Tomorrow people are empowered by being able to save and plan for tomorrow. [/list]
Each of us has a unique mix of these four main types. The mystery of why traditional budgets work for some people and not others is solved. So too is the mystery about why fighting over money is the second highest reason given for divorce.
Put simply, trying to budget in a way that doesn’t suit is as sensible as trying to wear clothes that are too small. It’s uncomfortable, doesn’t last and causes friction.
This brings us to the FREE Personality Budgeting Quiz at www.PersonalityBudgeting.com . The quiz was developed especially to allow people to discover the strengths of their “Financial Personalities”. You and your friends are welcome to give it a go. To date, thousands of people from over 40 countries have tried their hand at the quiz and found it helpful. (NOTE: The quiz is free and so are the follow up materials. Using the free quiz does not commit you to accessing the paid products at this site.)
So what do you think? Would it be helpful to understand your “Financial Personality” as well as that of your partner and the people you spend time with?
Have you had instances where you’ve come across people with different “Financial Personalities” to you?
Enjoy Your Money
The Budget Man
The home of the free Personality Budgeting Quiz
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