Jordan Goodman's latest book,
Master Your Money Type, will help you do just that. First, of course,
you need to know your money type. He talks about many like, The Strivers, The
Ostriches, The Debt Desperadoes (my personal favorite type), The Coaster, The
High Rollers, and The Squirrels.
From the summary of money types...
Whether in debt because of overspending or being underfinanced, Debt
Desperadoes are always coming up short. The spending addicts (or shopaholics)
among you prefer the thrill of buying to the security of having. Then
again, some of you are underfinanced because of having lost your jobs. Or youíre
left with no assets after some personal catastrophe, and you max out your
credit cards and borrow to pay for staples.
Many Debt Desperadoes hit a wall,
and the out-of-control spenders finally go cold turkey to stop the spendaholism.
Itís not uncommon for your type to bury yourselves deeper. You create more debt
by borrowing to pay other outstanding debt and use still active credit cards to
charge more stuff.
Money mastery for Debt
Desperadoes: Can you finally work your way out of debt and prove to yourself
that you can manage money? Yes! Iíll show you how with a financial plan thatís
easy to follow. Remember: Itís your money, and you deserve to have it work for
you, not against you!
Whatís smart about Jordanís approach is that he
looks at spending. Spending is the road to debt. Jordan also calls attention to
many personal stories that illustrate his advice for overcoming expensive debts
and tackling spending problems.
Although my attention was pulled to Debt
Desperadoes, I found the other money types quite helpful in understanding people
and their thinking in regard to finances. Even though you may be more of one
money type, that doesnít preclude you from having aspects of another, like say,
The Squirrel or The High Roller, whoís names truly describe their mindset.
book should be on your must-read list! I highly recommend you
pick up a copy today!
Otherwise you can buy an original book review here.