Which money personality type are you

I am a huge fan of personality tests. They have helped me over the years to understand myself better. The website that I've often used is 16 personalities. Their tests are based on the Myers-Briggs Type Indicator which is the most widely used personality test in the world.

Obviously personality tests are NOT meant to be iron-clad rules about you as a person. They are mean to be a guide, a conversation starter and and give you a shared language to discuss things that are meaningful for you. And when you realise how similar you are to other people learn to feel more comfortable talking about money.

As with any personality test and assessment tool, is to find a psychology of money for where you are and why you behave the way you do. Then from then on you can decide if that combination of traits is the right balance for you, your life and your goals.

You may have all the money types, or you may have five, four, etc. It’s not as simple as saying "I’m a spender,” or “I’m a saver " because each type has its own strengths and challenges.

So here are the 8 personality types

Innocent – Takes the ostrich approach to money, doesn’t want to see what’s going on. Would rather not to be responsible for financial decisions or money management. Seeks safety and security and longs to be rescued.

Victim – Often blame their financial situation on external factors. May have been abused, betrayed or have suffered some great loss. Tends to live in the past. Often has a self-fulfilling prophecy.

Warrior – Take charge, goal oriented. Successful in business, focused, decisive & in control. Discerning, powerful, driven, and financially self-actuated.

Martyr – Busy taking care of others’ needs, but often neglect their own. Tend to be self-sacrificing and long-suffering. May be financially generous but can have strings attached. Can have boundary issues. Needs to learn to receive.

Fool – Looking for a windfall and tends to take financial shortcuts. Relatively fearless, often impulsive and can get caught up in the enthusiasm of the moment. May lack discipline, be restless or overly generous. Need to develop patience and to slow down their decision-making process.

Creator/Artist – Often on a spiritual or artistic path. Finds the material world difficult to live in. Can be financially detached or have a conflicted love/hate relationship with money.

Tyrant – Can use money to manipulate and control people, events and circumstances. May not feel at peace with themselves…money makes them feel safe. Their greatest fear is loss of control.

Magician – The ideal money type. Knows how to transform and manifest their financial reality. Willing to claim their own power. Armed with the knowledge of the past, they have made peace with their personal history and have transformed their lives. They feel secure and know all their needs will always be met.

 Remember, all the personality types speak to the psychology of money, recognizing that our spending and saving often has a habits, attitudes, emotions and values component, rather than simply a logical and rational one.

The Money Types are developed by Deborah Price, founder of The Money Coaching Institute, based on the traditional Jungian archetypes.

So which money personality type are you?