After viewing the video on the aspects of a money personality it should be apparent that there are multiple ways people adapt the various aspects that go into developing their money personality. This information becomes very important as research suggests financial stress and debt (or overt concern regarding money) are risk factors for mental illness. In fact, the European Journal of Public Health recently posted a paper indicating that “Adults in debt were three times more likely than those not in debt to develop some type of common mental disorder.”
Despite the fact the video has a funny title, it is quite serious in providing information on what drives you to see money in a thousand different ways that involves a good deal more than just money. I say that because following Maslow’s “Hierarchy of Needs” it forms the foundation of our existence, meaning it holds the key to our ability to have a roof over our heads and food on the table. That fact carries even greater significance now that the majority of us live in urban societies where the ability to acquire food is no longer tied to the land but is limited to the local food market. So don’t let the funny title fool you, your or a spouse’s relationship with money is serious business. And, the better we are able to understand what drives us outside of someone saying “stop spending” or “Stop being so cheap” means the better we are able to understand why we approach the subject from so many different points of view.
The next installment will begin to look into each personality type to provide their point of view information and also begin to help those already in relationship with a particular type of personality understand how they can help them. So view the video below, if you haven’t and ask yourself the following questions:
1. What was my earliest memory of money and what was involved?
2. If I received a windfall of $50,000 tomorrow, what would I do with it and why?
3. What did my answers to the two questions above tell me about how I view money?