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Ep 3: What's Your Money Personality?
Knowing your money personality is a gamechanger when it comes to managing your finances. And can be VERY helpful if you have a partner who is very different than you so that you can have a plan on so you can both get on the same page with your money.
LINKS:
What's your money personality type? Find out here! https://porterouge.co/colour
HOMEWORK:
Go take the quiz to figure out your own personality type, and if you have a partner, make a guess as to theirs! You'll find some helpful resources for communicating with your partner after you take the quiz.
- HOW TO GET IN TOUCH:Join in the conversation with 9000+ other Canadians (and finance industry pros) in Black is the New Red: www.facebook.com/groups/blackisthenewred
- DM Lindsay @ www.facebook.com/lindsayplumbmoneycoach
- DM Meghan @ https://www.facebook.com/porterougeco
TL:DR Version
00:00:52
When onboarding my clients, I have them take a personality quiz which assigns them a colour (Gold, Green, Blue, or Orange.) I will customize my service to them based on this quiz, so that they get the most benefit from our time together. Today, I'm going to give you all a brief summary of each colour… AND I am going to guess which colour Lindsay is! (she took the quiz, but hasn't told me the results.)
00:02:20
GREEN: These are the people who will debate you even if they agree with you. They will challenge you. They want to know every scenario. They LOVE spreadsheets. They have analytical minds. They tend to be engineers and process managers. They value knowledge and confidence. They love information. They struggle with analysis paralysis (decision making!)
00:03:28
ORANGE: These are our entrepreneurs. They are people who really value freedom and variety. They'll have multiple projects on the go (but might not finish them all). They're great problem solvers. They're good at responding to emergencies. They are open and non judgmental. They value action. They are not the type to sit down and analyze a spreadsheet. That would be torture. They're FUN.
00:04:37
GOLD: (this is my colour) They are very organized. They're planners. They really value tradition. They like things that are very practical. They like checklists. They can be very rigid and predictable. They like structure and efficiency. They can forget to relax and have fun.
00:05:38
BLUE: They really value humans. They have a concern for others. They are really good at giving praise and encouragement. They have really good intuition. Many nurses, HR personnel, or first responders are blue. Blue's have a hard time saying no. They can take on too much. They don't do well with dishonest or blunt communication. They struggle with unrealistic expectations.
00:06:32
Meghan predicts that Lindsay is an ORANGE… but it turns out that Lindsay is a GOLD.
00:07:30
It's not surprising that Lindsay scored as a GOLD in retrospect, because she has created systems to manage money that are very organized, efficient, and structured. The reason she NEEDS these systems is because she naturally procrastinates and is messy! And that's OK! Most people actually are a combination of two colours, and your scores for each colour can be very close to one another, or tied!
00:09:33
We all experience different seasons of life and can only fit so many things at the top of our priority list… so maybe you feel like you WANT to be a super organized person, but at this phase in life, you need to turn the other cheek.
00:10:45
Knowing your personality type will help you understand how you can manage your finances in the way that is best for YOU. Why would you commit to tracking every single thing that goes out of your bank account for the next three months if that task is overwhelming and is going to drive you crazy? No! There is another way, and there is certainly another way that will suit you better.
00:15:38
Learning to communicate with a partner who has a very different personality type can be challenging, especially if one person is the day to day money manager of the home (which is very typical.) Everyone wants money management to be a team sport, but in reality, it's usually one person who manages most of it. Figuring out the best way to communicate with each other alleviates SO much stress when it comes to those heavy money conversations.
View all episodes
By Meghan Chomut and Lindsay PlumbKnowing your money personality is a gamechanger when it comes to managing your finances. And can be VERY helpful if you have a partner who is very different than you so that you can have a plan on so you can both get on the same page with your money.
LINKS:
What's your money personality type? Find out here! https://porterouge.co/colour
HOMEWORK:
Go take the quiz to figure out your own personality type, and if you have a partner, make a guess as to theirs! You'll find some helpful resources for communicating with your partner after you take the quiz.
- HOW TO GET IN TOUCH:Join in the conversation with 9000+ other Canadians (and finance industry pros) in Black is the New Red: www.facebook.com/groups/blackisthenewred
- DM Lindsay @ www.facebook.com/lindsayplumbmoneycoach
- DM Meghan @ https://www.facebook.com/porterougeco
TL:DR Version
00:00:52
When onboarding my clients, I have them take a personality quiz which assigns them a colour (Gold, Green, Blue, or Orange.) I will customize my service to them based on this quiz, so that they get the most benefit from our time together. Today, I'm going to give you all a brief summary of each colour… AND I am going to guess which colour Lindsay is! (she took the quiz, but hasn't told me the results.)
00:02:20
GREEN: These are the people who will debate you even if they agree with you. They will challenge you. They want to know every scenario. They LOVE spreadsheets. They have analytical minds. They tend to be engineers and process managers. They value knowledge and confidence. They love information. They struggle with analysis paralysis (decision making!)
00:03:28
ORANGE: These are our entrepreneurs. They are people who really value freedom and variety. They'll have multiple projects on the go (but might not finish them all). They're great problem solvers. They're good at responding to emergencies. They are open and non judgmental. They value action. They are not the type to sit down and analyze a spreadsheet. That would be torture. They're FUN.
00:04:37
GOLD: (this is my colour) They are very organized. They're planners. They really value tradition. They like things that are very practical. They like checklists. They can be very rigid and predictable. They like structure and efficiency. They can forget to relax and have fun.
00:05:38
BLUE: They really value humans. They have a concern for others. They are really good at giving praise and encouragement. They have really good intuition. Many nurses, HR personnel, or first responders are blue. Blue's have a hard time saying no. They can take on too much. They don't do well with dishonest or blunt communication. They struggle with unrealistic expectations.
00:06:32
Meghan predicts that Lindsay is an ORANGE… but it turns out that Lindsay is a GOLD.
00:07:30
It's not surprising that Lindsay scored as a GOLD in retrospect, because she has created systems to manage money that are very organized, efficient, and structured. The reason she NEEDS these systems is because she naturally procrastinates and is messy! And that's OK! Most people actually are a combination of two colours, and your scores for each colour can be very close to one another, or tied!
00:09:33
We all experience different seasons of life and can only fit so many things at the top of our priority list… so maybe you feel like you WANT to be a super organized person, but at this phase in life, you need to turn the other cheek.
00:10:45
Knowing your personality type will help you understand how you can manage your finances in the way that is best for YOU. Why would you commit to tracking every single thing that goes out of your bank account for the next three months if that task is overwhelming and is going to drive you crazy? No! There is another way, and there is certainly another way that will suit you better.
00:15:38
Learning to communicate with a partner who has a very different personality type can be challenging, especially if one person is the day to day money manager of the home (which is very typical.) Everyone wants money management to be a team sport, but in reality, it's usually one person who manages most of it. Figuring out the best way to communicate with each other alleviates SO much stress when it comes to those heavy money conversations.