Master Your Money Type

Hardcover: 366 pages

Publisher: Warner Business Books (January 2, 2006)

ISBN-10: 0446578010

ASIN: B000KJTOOO

Product Dimensions: 9.1 x 6.2 x 1.4 inches

This book gives a good insight into how one’s personality and past are closely linked to our management of finances. Awareness of your money type would make you better understand why some people can be entrepreneurs, investors, employees or gamblers. And such awareness can make you understand that it can be useless forcing yourself to stay in a job you dislike.

Goodman categorizes 6 money types. He identifies our money management style with much of our emotions and deals with them at their roots. The book sheds light on how we view money and how we can better react to these issues.

Most of us are “mix-breeds” between money types so we need not strictly fit ourselves into a particular type.

1. Strivers – Value prestige and having money can give you that. May overspend to build on status. Always seeking to acquire.
2. Ostriches – money-phobic
3. Debt Desperadoes – Gets a high on spending blindly or tend to always land in debt situations. Lack of control in spending.
4. Coasters – Take the easy life for granted. Limits self.
5. High Rollers – High risk takers. Over-confident and idealistic.
6. Squirrels – Values money and is afraid of loss. Live below means. Risk-intolerant.

A good beginning book to read in discovering self.