Thursday, January 3, 2013

The 5 Money Personalities by Scott and Bethany Palmer

         This is a book that the world has been waiting for. That was the feeling I had when I read it. It is a book that everyone in a married relationship should have in their library not just to gather dust but also to be read.
It has been said the number one cause of divorce in the United States is over money. If so there should be a way we can combat it.
                I realize that a section of marriage counseling is on the subject of finances. But the area of money personalities is not considered. The problem may be that no one has considered it worth talking about.
                All of us have a money personality. This personality determines how we will relate to money. Scott and Bethany Palmer lay out a paradigm containing five profiles. They are: saver, spender, risk taker, security seeker, and flyer. Each one looks on the handling of money differently.
                As I have mentioned this is a needed book.  As we all handle our money according to how we approached our allowances as a child.  We need to stop and consider what habits concerning money we bring into our marriage. Therefore this becomes a discussion starter.
                I found this book to be very useful in opening money talks with my wife. I had her read it also. Then we were able to sit down and discuss the insights in the small 180 page paperback.
                I would recommend this for pastors to hand out at the pre-marital counseling sessions. It is also useful for married couples to generate useful family discussions around the table. The children should also be included.
                This book was received free from the publisher through the Book book review program. I was not required to write a positive review. The opinions discussed are those of the reviewer and not the publisher

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