When Your Hard-Earned Income Doesn’t Add Up to Enough
So you earn a good income, but it’s not showing up in your net worth or accumulating in your bank account.
Somehow, it seems like your hard-earned money hasn’t accumulated into much of anything over time.
It’s frustrating, right?
And maybe even a bit scary, if you’re starting to look ahead and wondering how you’ll achieve your long-term vision and set yourself up for the future.
Let’s be honest here.
If this is your experience, there are some places that are still a bit murky in your relationship with money, and you know you need to clear that up in order to have a more prosperous experience of life.
And maybe you even have a feeling that you could generate SO MUCH MORE if you could manage what you have successfully!
If you feel you’ve been stuck at a certain ceiling in your financial life, and you know there’s so much more that’s possible – read on, because today I have a key insight that will change the way you look at your relationship with money.
And just as valuable, if you’re in a romantic partnership, you’ll understand your partner’s financial profile in a whole new light.
Let’s talk about… what I call your primary money archetype.
Knowing your money archetype is essential to unlocking your patterns with money, and breaking through to your next financial level.
In my Money Wisdom System™, there are two primary money archetypes:
The Spender
The Saver
That might seem pretty simple, right?
But there’s a whole lot of depth to each!
And not only that – there are hidden superpowers to both that can be leveraged to supercharge your financial life.
So first off, let’s uncover your primary money archetype. It’s pretty easy to determine.
Ask yourself:
What was my primary tendency when I was young, spending or saving?
If I have unexpected money, is my first thought “What can I spend it on?” or “How much of it am I going to save?”
You should have a clear intuitive hit.
And before we go into the spender and savers’ gifts and growth edges, let’s talk about how this affects financial partnership.
If you’re in a long-term relationship, you may have noticed that one of you really likes to save money, while the other really likes to spend money.
This difference can create a lot of tension and conflict in a relationship when it’s not approached consciously.
Most couples unconsciously balance each other, by one leaning more toward saving and one leaning more toward spending.
But that’s not the only way!
It’s absolutely possible to not only accept your partner’s innate archetype, but to draw on each other’s money gifts to manage, invest, and grow your money in alignment with your shared vision.
Now, let’s dive into each archetype and see what we can learn.
The spender is all about the desire to spend on experiences.
And the spender’s superpower with money is that they’re fully experiencing the joy and magic in the present.
They’re generally willing to take more risks in their life adventures and with money.
They usually don’t hold back from a lack of resources, but get more resourceful and find solutions to get what they want!
They don’t overanalyze their financial decisions and are open and available to life’s opportunities.
The spender’s shadow is not taking into account their future self, and the impact of their decisions on the well-being of their future self. And the more we age, the more impact this pattern has.
So the growth edge for the spender is to take into account the impact of their financial decisions on the future, even though they may lean more towards spontaneous spending in the moment.
The spender can learn to be more responsible about saving for the future by putting savings on automatic and working with what's left.
By finding more balance, the spender will experience less debt and more financial stability.
In contrast, the saver is gifted with holding a strong vision for their future self, and inherently thinking about preparing for the future.
The saver’s superpower is their ability to look at their financial circumstance from a big picture perspective.
They typically have an inherent process of thinking about their financial future as the highest priority. They can prioritize needs over desires, and tend to accumulate less debt.
They’re great at being resourceful with what they have to maximize saving for the future.
The growth edge for the saver is to stay in the flow with money to avoid hoarding, and instead, to be in balance with spending, giving, and saving.
The saver can learn to find peace with spending on some desires, without feeling guilty.
Their practice is to surrender the entire focus being put on the future and increasing the appreciation for what's happening in the present moment. To say YES to life and reduce overanalyzing the impact on the future!
So what happens when you bring a spender and a saver into a relationship?
Well, the spender can earn a lot of money, and they love to feel free to spend and enjoy the money!
For the saver, all of this spending can bring a lot of anxiety.
The saver might fear all of the money will be spent and taken away from a healthy financial future. And the saver fears losing out on fun or important experiences in the present.
Ultimately, both the spender and saver have something in common.
Can you guess what it is?
They both have a fear of deprivation.
The spender is afraid of lack in the present. The spender fears they won’t get to have the experiences they want to have in life, and feel restricted as a result.
For the saver, the fear is that if they spend too much now, they won’t have the financial resources they need in the future, and risk living in a state of lack or even poverty.
So both the saver and the spender are afraid of deprivation.
The only difference is time – the spender is afraid of experiencing lack now, and the saver is afraid of experiencing it in the future.
If you’re in this type of dynamic with your partner, the solution is to acknowledge the gifts of your archetypes, and to build a bridge between your different orientations of spending and saving.
When we learn to acknowledge the value of our own and our partner’s archetypes, something amazing happens.
We can be true to who we are, and come together with another person to enhance each other’s gifts, and heal the shadow side of the archetype.
Together, we can also work to heal historical shame or guilt we hold around money.
By bridging the gap and working with the gifts and shadows of your archetypes consciously, you become more whole in your financial life and in your partnership.
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If you want to learn how to transform your relationship challenges with money into greater wealth and connection, I have a current spot opening up in my one-on-one coaching practice.
Sign up for a complimentary discovery session to get yourself on my calendar before it fills up!