Why Knowing Your Money Type Is So Important - They Drive All Our Financial Decisions. The eight Money Types, developed by Deborah Price (founder of the Money Coaching Institute), help us understand our unique money patterns and behaviours and motivations that influence us when it comes to our money.
July 2, 2020
The eight Money Types, developed by Deborah Price (founder of the Money Coaching Institute), help us understand our unique money patterns and behaviours and motivations that influence us when it comes to our money.
These powerful influences drive our actions however, are unconscious – meaning we aren’t aware of them or how they impact our financial results.
Understanding these Money Types teaches us where we need to grow, in order to reach our real financial potential. They shine light on the parts of ourselves that are hidden to us and may be helping or hindering our financial results.
They are not who we are but where we are, in regards to our relationship with money.
The best thing is that as they are not fixed and your results today are merely a snapshot in time from which you can shift and improve.
Which of the 8 money types below can you resonate with?
These Money Types (or Archetypes) are powerful “teachers” and “allies” since they inform us of where we are today and where we need to grow and develop.
Want to learn more about yourself and who (which Money Types) is driving your financial decisions (or indecision)?
Visit http://quiz.womentalkingfinance.com.au/ and take our quiz.
Warmest,
Many of our most important money habits aren’t learned in school—they’re shaped at home, often through the quiet influence of parents, especially mothers. Through everyday conversations, behaviours, and life experiences, children develop their understanding of money early on, including how to spend, save, and make financial decisions. This article highlights essential lessons such as spending less than you earn, saving consistently, understanding needs versus wants, and making calm, thoughtful decisions. More importantly, it emphasizes that money is a tool—not a measure of self-worth—and that teaching these habits isn’t about perfection, but about consistency, awareness, and leading by example to build confidence, responsibility, and long-term financial independence.
Read MoreThe price of daily living has gone up — we’re all feeling financially fatigued: groceries, fuel, insurance, energy… it all adds up. So, let’s explore some simple, practical ways to make your money go further.
Read MoreIn this article, I explain why traditional budgeting often fails and how to create a financial system that actually works for you. I focus on building a simple, supportive structure that fits your lifestyle, helps you stay consistent, and makes managing money feel less overwhelming, so you can feel more calm and in control.
Read More
