506: How to Use Your Money "Archetype" to Address Your Biggest Financial Burdens

After tremendous research, the “MoneyType” quiz was finally released. All you need to do is answer some basic questions, and in a matter of minutes, you’ll know your biggest financial strengths and burdens, the money traps you could fall into, and how to use your own money “gift” to make your life, and your loved ones’ lives, even better. But before you write off the MoneyType quiz as just another personality test, we can tell you from personal experience it’s shockingly accurate. And there’s no one better to talk about the MoneyType process than the co-founder of HerMoney and co-creator of the MoneyType personality quiz, Jean Chatzky. Jean’s team tested the MoneyType process on hundreds of people, uncovering the core personality traits that could make you a producer, visionary, nurturer, independent, or connoisseur, and what to do once you know what MoneyType you are. In today’s show, Mindy and Scott share their results from the quiz as Jean walks through each of these financial archetypes in detail. You’ll learn what strengths each archetype has, the financial pitfalls they easily fall into, the gifts they can use to empower themselves and others, and the financial pleasures each type lives for. Plus, you can take the MoneyType quiz completely for free here! In This Episode We Cover The five financial archetypes and the pros, cons, and pitfalls of each of them Mindy and Scott’s most prominent MoneyType (and how it led them to financial success) The “sabotage” points of each personality that could lead to HUGE financial problems Using your MoneyType to set up financial “guardrails” in your life and protect against your personality’s downsides  Using your MoneyType to understand your partner, family members, and friends more Mindy’s two-percent MoneyType match that proves why it’s SO hard for her to spend money And So Much More! Links from the Show BiggerPockets Money Facebook Group Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Mindy on BiggerPockets Scott on BiggePockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Money Moment Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Take the Free MoneyType Quiz Understanding How Your Personal Money Story Shapes Your Financial Future w/Jean Chatzky Click here to check the full show notes: https://www.biggerpockets.com/blog/money-506   Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices