was successfully added to your cart.

Misfortune, fortune and other finance headaches.

By May 4, 2012Uncategorized

Misfortune, fortune and other finance headaches.


When Larry Winget, author of the book “Your Kids Are Your Own Fault” asked his readers what they wished they had learned from their parents, 99% answered HOW TO MANAGE MY FINANCES.

Did you ever ask yourself why money causes so many worries? Part of the answer lies in our education, or rather in our lack of it.

Our relationship with money is more intuitive than structured. Chances are your current behaviour towards money is more of a mix between your personality, inherited behaviours from your parents and your acquired learning through the years, rather than a clear and structured strategy.

In your opinion, how does your personality affect your relationship with money? Do you recognize yourself in one of these financial profiles?:


The grasshoppers like to enjoy their money. For them, money is made to be spent and should be used for enjoyment without any guilt. On the other hand, grasshoppers have more difficulty planning for the future because they are terrified of the idea of not being able to enjoy the present moment.

TIP: People with the grasshopper personality should question themselves on the reasons why they prioritize immediate gratification. They would greatly benefit by limiting their impulsive spending to 10% of their revenues and invest another 10% in long-term investments.


The ants work for their future. They need to stack up money in order to feel reassured. They hate debts and all spending must be approved beforehand or they will feel guilty. Planners, the ants are generally well prepared for major projects and unexpected spending, yet, they don’t fully enjoy the fruits of their labor.

TIP:The ants should question what makes them worry so much about the future. To enjoy life more they would gain by setting aside 10% of their revenues into a “just for fun” account!


The ostriches believe there are better things to do than to preoccupy themselves with money. In their opinion, that’s exactly why bank managers and financial advisors exist. For ostriches, money questions are boring, complicated and a source of conflict. That’s why they have a tendency to only remember paying their bills after the deadline has passed, or to pay the restaurant bill for everybody instead of approaching the question of who pays what. Unfortunately, it’s clear when avoiding money issues that the ostriches find themselves facing problems they were originally trying to avoid. Behind this apparent disregard the ostriches may be hiding their fear of not having the skills to adequately manage their money.

TIP: the ostriches should not hesitate to ask for help to get organized. They would benefit from setting aside 15 to 20 minutes a week to get into a positive habit of following their budget.


The humanists are the ones who believe money is evil. Convinced that money corrupts people, they look to protect themselves in any way possible. Like voluntarily simplifying their lives and placing their human values above everything else and expressing their disagreement with the existing economic system. On the other hand, they deny the positive aspects of money when it’s used for the common good.

TIP:The humanists would benefit from finding an acceptable balance between their values and their real material needs. To help themselves, they could set aside 10% of their revenues to give to charities they care about.


Obviously, those profiles are a bit caricatured, but did you recognize yourself in any of them? What kind of actions can you take today to improve your relationship with money? Write us below in the comment section and, if you enjoyed this article, don’t hesitate to share it with your friends. 


FOR THOSE WITH THE "MY ATTITUDE" PLANNER, this week use the “notes” section to write down your positive and negative emotions towards money or the possibility of improving your finances. Afterwards, take a look to see if those emotions are really yours or if, for example, you are reproducing the behaviours of your parents.

Leave a Reply