Money Type Quiz. Wilma Allan

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1 Money Type Quiz by Wilma Allan

2 Change the way you perceive money, and the way you receive money will change. Welcome to the Money Midwife Money Type Quiz Are you ready to discover your Money Type in under 3 minutes? Choose 1 answer, the MOST like you, from the following questions. Answer them instinctively and honestly the first thought is usually the best thought Question 1 - When it comes to managing your finances, you 1. You feel you have little control over your finances 2. You don t feel emotionally connected to money 3. You find it easy to live within your means 4. You are familiar with feast and famine cycles with money 5. You re a bit of a gambler and like to create a big win with money Question 2 In your relationships with others, you 1. Sometimes find yourself being taken advantage of by them 2. Would rather hide your hurt feelings than speak up and make them plain 3. Are a bit of a lone ranger and tend to do everything yourself 4. Love treating others and often pick up the tab 5. Tend to trust others at face value and wouldn t dig deeper Question 3 - When you go shopping you 1. Often justify spending money on yourself by saying I do deserve this. 2. Can be tempted into buying binges 3. Are great at finding the best deals and are good at being frugal 4. Love to buy and have the best, sometimes ignoring your bank balance

3 5. Do not typically spend lavishly and enjoy the experience, making wise choices Question 4 What would you say your emotional connection to money is? 1. Wishful thinking - The idea of having more money can sometimes feel more like a dream than a true reality 2. Denial - You tend to avoid knowing how much you spend or have in debts 3. Connected - You love to control and manage your money 4. Disconnected - You have a tendency to be unrealistic about some of your lavish spending habits! 5. Disassociated - You find it quite easy to takes risks with your money, because you feel little emotional attachment to it Question 5 If money was no object, how would you love to use it? 1. Helping and supporting others - You sometimes give away money you don t really have 2. Spending - You enjoy spending money and tend not to think about the consequences 3. Keeping - You love to save money and rarely incur debts 4. Making a statement - You like to use money to make a statement & love living life to the full 5. Speculating with -You are prone to investing in high-risk or unusual money making opportunities Question 6 When times get tricky financially you 1. Sometimes feel like an innocent victim in a situation 2. Find it easy to put your head in the sand and ignore your bank or credit card statements 3. Have a tendency to hoard or micro manage your money 4. You rarely blame others when you find yourself in financial difficulty and just take it on the chin 5. You can be slow to respond to awkward money situations making a potential small loss a bigger one Question 7 The thought of saving money for a rainy day makes you 1. Why? When you can give your surplus to help someone out 2. Whatever! You don t value saving money in the slightest 3. Feel great! You find it easy to save money and love to find new ways of doing that 4. Why save? Money s for indulging you and others 5. Saving s OK but you may be tempted to risk it in the next exciting opportunity

4 Question 8 How do you think others see you? 1. You are highly valued by others as a good friend 2. You are great at making others feel appreciated and loved 3. As a bit of a free spirit as your desire for freedom and independence shine through 4. You are great at making others feel valued and special 5. Others feel supported and validated when they share their creative or unusual ideas Question 9 How would you describe your self-discipline with money? 1. Influenced by wanting to help others - Sometimes giving to the point of becoming privately angry or resentful 2. Poor You re familiar with a touch of complacency believing that there will always be more where that came from 3. Strong - You find it easy to deny yourself when necessary and rarely over-indulge 4. Impulsive - You ve been known to indulge in expensive items regardless of your bank balance 5. Shaky tempted by the thought of a big win Now, add up which number you have the highest score in and this will be your Money Type Are You Ready For The Answers? Mostly No 1 - Your Money Type is Value Knowing these and learning how to manage them will put you firmly on the road to getting the results you want You tend to overextend yourself in the giving of your time and resources to help others out You can create debt as a result of things just happening to you In your eagerness to help others, you may end up giving away money you don t have resulting in feelings of resentfulness 3 dynamic action steps you can take right now that will create a powerful shift in your relationship with money Pay off all debts before loaning or giving to others Save 3 months of living expenses Make a choice to support friends and family emotionally rather than financially

5 Mostly No 2 - Your Money Type is Love Knowing these and learning how to manage them will put you firmly on the road to getting the results you want You tend to lack an emotional connection to money with a tendency to treat real money like play money You have a tendency to ignore bank and credit card statements You spend money to feel connected or loved 3 dynamic action steps you can take right now that will create a powerful shift in your relationship with money Start using cash to pay for everyday items to create a stronger connection with money Write a bold savings goal making sure to make a timetable for achieving it Review bank and credit card statements in detail, regularly Mostly No 3 - Your Money Type is Security Knowing these and learning how to manage them will put you firmly on the road to getting the results you want You have a tendency to over-think purchases and micro manage money You hoard money, keeping small amounts in different places You overwork in a continual quest to create greater security 3 dynamic action steps you can take right now that will create a powerful shift in your relationship with money Create an investment plan Create a meaningful Bold Money Goal Create a fun money bucket and spend it on yourself Mostly No 4 - Your Money Type is Status Knowing these and learning how to manage them will put you firmly on the road to getting the results you want You create debt by buying the best at all times You spend compulsively You attract relationships with people who frequently need a helping hand

6 3 dynamic action steps you can take right now that will create a powerful shift in your relationship with money Open a savings account and save 6 months of living expenses Decide in advance and budget how much you will spend on holidays, gifts etc Review bank and credit card statements in detail Mostly No 5 - Your Money Type is Recognition Knowing these and learning how to manage them will put you firmly on the road to getting the results you want You avoid thinking about the consequences of taking a risk with money You don t like to be wrong Create debt by investing in people or opportunities that don t pay off 3 dynamic action steps you can take right now that will create a powerful shift in your relationship with money Open a savings account and save 6 months of living expenses Stop, look and listen before investing money Establish a well-defined play money account you can use for riskier ventures Congratulations on completing the quiz. I know that the insights that you ll have got by doing the quiz are significant and will have got you thinking. However, this is only a tiny taster, a small peek into the world of you and your money and how you can start to make it all work for you. The information in the Money Type Quiz is taken from the 5 Money Type Cards that are a part of the 90 Day Money Breakthrough Intensive coaching program. To get a full analysis of your money type and to discover more about how your own Money Type rules your relationship with money, me at welcome@themoneymidwife.com With warm wishes T: E: Welcome@TheMoneyMidwife.com W: