What’s your money story?
The quiz takes your tendencies and places them within one of five MoneyTypes(tm):
The Visionary values money as a means to achievement and self-expression.
The Nurturer values money as a means to take care of another and provide security.
The Epicure values money as a means to pleasure.
The Independent values money as a means to freedom and adventure.
The Producer values money as a means to providing stability and control.
Each MoneyType paints a picture about your money story... apparently, we all have one. I found the explanation of mine freakishly how I am with everything. It put into context values I hadn’t been able to articulate and helped me better frame conversations about money.
I'm a Visionary. I see money as a tool for self-expression and a means to follow a passion. I'm satisfied with having enough, as long as it means I can do creative work in the world. Visionaries can take excessive risks, making them financially vulnerable. Their challenge is establishing financial roots to support their creative quests. Visionaries fear dying with "all their books still inside them" or without "singing their song."
Now I understand why all my favorite quotes revolve around things like “dying empty” and the most regretful people on earth are the ones who had ideas and dreams and didn’t do anything about them. I could even analyze all of my relationships around this insight, but I’ll spare you those stories. I know you’re busy with the holidays and all.
I bought Worth It for my niece when she graduated from college because this information would've come in handy in my twenties, not that I would've appreciated the advice (or read the book) at the time. Instead of the standard “this is how you should be with your money," Amanda offers guidelines to set up your finances around your MoneyType. Ex: If lattes are your thing, get the lattes.
The end goal is still to save more than you spend, live below your means, etc. However, she frames how to do it in a way that feels lighter, easier than budgeting, which can feel restrictive, like dieting, which is why we rarely stick to either. It's a good read.
Whatever your money story, you are not alone. In the spirit of realizing this and the fact that there's no right or wrong, I shared the quiz with a group of women in a course I led earlier this year. Here's a peek inside their results:
I’m primarily Nurturer, with Epicure a close second. I like to treat others and show love through gifts, but I also like to treat myself. I see money as freedom to do what I want but I’m not very good at managing it long term.
I’m a tie between Visionary and Epicure. I love to make money and I love to spend money. The Nurturer was up there but as my kids need me less, I see that slipping.
I’m a complete Independent with a dash of Visionary and Nurturer. The explanation nailed it with, "It's important to them to live life on their own terms, and to have the freedom to follow their bliss." YEP! This is me to the core.
I have a fairy tale vision of my life at times. This made me see how I’ve chosen to relinquish the money earning to my spouse. I focus more on connecting with people and don’t think about the cost as much as the experience. Until I start bringing up air fares, hotel, other costs, and realize we can’t spend that much! I’d like to be able to come up with the financial solution and achieve it myself.
Let me know if you take the quiz and if the results carry over into other areas of your life. I found it kinda fascinating and hope it brings a peaceful season of spending.