Written by Scott & Bethany Palmer
Releasing January 2013
About The 5 Money Personalities
Have you and your spouse ever argued about money? I'm thankful that my husband and I hardly argue about money but it is not non-existent :). This book helps me to understand the difference between how my husband and I handle money. We took the Money Personality Profile on the website. There are 5 money personalities: Saver, Spender, Risk Taker, Security Seeker, and Flyer. My primary money personality is Flyer and my secondary money personality is Security Seeker (which surprised me...I'd have guessed Saver, instead). My husband's primary money personality is Risk Taker and his secondary money personality is Saver. The book talks about the opposite dynamic between our own primary and secondary money personalities and about how opposite money personalities attract (I can see that in my husband and me :)). The authors encourage readers to view their and their spouse's different money personalities as assets and strengths that they can use to work together to their advantage. "We've learned that we make far better decisions together than either of us would make on his or her own." (p.88) Have you ever heard the term "financial infidelity"? I had never heard of it until I read this book. You and your spouse can take the Financial Relationship Index and find out your level of financial infidelity (the lower the score, the better) so that you can evaluate what the issues are in your relationship and how to address them. Thankfully, both my husband and I totally trust each other about everything, including money so we don't have this financial infidelity issue. The "money relationship" between spouses is not so much about money, as it is about the issues of trust, respect, communication, cooperation, and commitment. The authors offer tools for you and your spouse to work together even when you and your spouse fight about money. The book includes the 5 money personalities survival guide. Want a healthier way to handle money-related conflict in your marriage? Check this book out!
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