What’s Your ‘Money Type’? Knowing It Could Help You Avoid a Financial Blunder

As a wealth adviser, I’ve witnessed the various ways people react to financial stress. While I’m sometimes surprised at an individual’s response, I remind myself that people have deeply ingrained beliefs and patterns about money.

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There is a large body of research that explores the relationship between money and emotions, financial archetypes, and money psychology.  The Money Coaching Institute® holds that there are eight “money types” or archetypes:

• The Innocent
• The Victim
• The Warrior
• The Martyr
• The Fool
• The Creator/Artist
• The Tyrant
• The Magician

Though not specifically included in this