Your Money Archetypes

30/11/2018

Who do you think you are?

Creating abundant wealth is all about maximising your potential to earn and making daily decisions about what you’re going to do with the money that you have generated.

The way that you go about this, in fact the way you go about doing anything in life, is not just a matter of how fortunate you’ve been or how educated you are; the way you handle money is rooted in your sense of identity.

Identifying the character you’ve chosen to play in your personal theatre of life is essential if you want to understand why you do what you do with money. Developing your awareness in this way will help you play to your natural strengths and recognise (and overcome) any natural weaknesses you identify.

Six Money Archetypes

There are six universal characters that we all reflect to some degree. Once you’ve discovered who they are you will see more clearly how the roles you play in life have a real impact your personal money story and on your financial results.

These characters are not new; they’ve actually been around since humans have walked the earth. They continually crop up in classic movies and ancient myths because they represent important aspects of what it means to be human.

As you learn about each of these characters, ask yourself how much you see of yourself in these descriptions, because some will definitely be more ‘you’ than others.

These archetypes are taken from Pad’s TEAM ME – How to Play Your Best Game in Life program.

You can discover your personal Money Archetypes with this unique, free Money Archetype Profiling Tool.

The Sovereign (King or Queen)

If you’re a sovereign, you are good at setting boundaries for your money and insist upon a high level of control. You feel a clear sense of responsibility with what you’ve earned and have been given and you plan for the long-term; seeing everything as an investment. You do not look for immediate returns and are good at maintaining a healthy balance between caution and calculated risk. You do not act impulsively and are not drawn towards promises of quick returns but seek out wise counsel from experienced individuals whom you have learned to trust. You like to command from the centre, finding and employing others who have proven themselves trustworthy and capable over the long term in the management of money.

The Sovereign thinks that life is all about: having the power to establish their realm with order, peace and prosperity.

3 Empowering Traits

You are pragmatic and organised; always planning for the long term
You seek out good money advice
You balance caution with calculated risk

3 Disempowering Traits

You sometimes become a bit of a control freak
You can be rather judgemental of others, viewing them as merely ‘useful’ or ‘useless’ in fulfilling your desires
You can be a bit too self-important at times

The Warrior

If you’re a Warrior, you use money to get things done and tend to act immediately on a good idea. You are focused and persistent, determined and may even be seen as aggressive as you continually press on towards your money goals.

Money enables you to take territory, to gather trophies, to experience more of life and enjoy the rewards that come from all your efforts. You are not afraid of confronting challenges and taking bold decisions, which might involve significant risks, and are fully committed to fulfilling your mission, achieving all your aims, and winning the prize.

The Warrior thinks that life is all about: getting the job done.

3 Empowering Traits

You are focused and determined in pursuing your money goals
You commit to finishing whatever you start, persisting through tough times and set backs
You act confidently and with energy

3 Disempowering Traits

You can be hasty and impulsive in decision making
You have too narrow a focus upon the immediate needs of the present moment
You sometimes push people aside if they are the slightest bit of a hindrance to your plans

The Sage

If you are a Sage, you always manage money carefully, intelligently and logically. You are good at monitoring, calculating and analysing the assets that you have, as well as the opportunities before you. You never get emotional about money decisions but instead rely entirely upon the facts that present themselves, as well as lessons drawn from past experiences and matters that can be reliably predicted in a mathematical way. You are both cautious and curious and want to find out exactly how things work before you make any decisions.

The Sage thinks that life is all about: continual learning and gaining accurate and superior knowledge.

3 Empowering Traits

You have acquired a thorough knowledge about how money works
You always know where things are with your money and are always on-top of every situation
You keep a level head, make rational decisions and are not swayed by emotions

3 Disempowering Traits

You may lack imagination and personal energy
You sometimes miss the big picture - becoming too focused on details
You’re known as being a rather dry character and overly cautious

The Mystic

If you’re a Mystic, you love to dream. You live with a vision of a better future and can imagine 101 things that you could do to get there. Life, to you, is rather magical and you find that many people are inspired by your unique perspectives and your general belief that everything will come good in the end. You’re always looking for the deeper meaning in things and so, in the grand scheme of things, you tend to regard money as much less important than the deeper stuff.

The Mystic thinks that life is all about: making dreams come true.

3 Empowering Traits

You have great imagination, regularly dreaming up exciting money-making ideas
You live in the future, ahead of your time - seeing the big picture and big trends
You help others see ‘outside the box’, presenting innovative solutions to challenging situations

3 Disempowering Traits

Your head is often in the clouds. You live too much in a dreamland of ideas that are never actioned
You’re often not clear about practical things you need to do or committed enough to the action required to make things real
You want to bend the rules and sometimes see your plans fail because you’ve not considered important details

The Lover

If you’re a lover, you crave connection more than anything. You are sensually orientated, have a love of beauty and a real desire to connect with other people. Everything in your life focuses around the people you care about; husband, wife, significant ones, children, wider family and friends. You are frequently spurred into action by passion and compassion.

Lovers believe that every moment of life should be savoured and so they spend their money on those they love, on social gatherings and upon creating environments and experiences that draw them close to people, quite often involving travel to exotic places.

The Lover thinks that life is all about: connection and harmony.

3 Empowering Traits

You recognise that there are many more important things in life than money (I don’t care too much for money – money can’t buy me love)
You use money to connect with people and show them they are loved and appreciated
When you realise that handing money is like handling a *relationship* (and this may take a while!) you become careful, attentive and nurturing of your money, giving it quality time and seeing it grow up to achieve many good things

3 Disempowering Traits

You make money choices on an emotional level – often over-spending and making poor investment decisions
You may generally regard money as unimportant. (‘I don’t care too much for money – money can’t buy me love’)
You fails to look ahead; focusing only on the ‘now’

The Jester

If you’re a Jester, you can’t take life too seriously. You are playful and colourful, constantly looking for opportunities to make things fun. You like to box outside the think (J) and generally do the unexpected in your unique and light-hearted way.

The Jester thinks that life is all about: making things fun.

3 Empowering Traits

You view money as way to make life more fun and enjoyable
You discover contrarian opportunities more easily than most
You like to use money to surprise and delight people – whether they know them or not

3 Disempowering Traits

You don’t plan well at all
You may avoid or ignore important rules of money management
You can’t take money matters seriously enough

Your Money Archetype Power Profile

It’s important that we don’t simply label ourselves as being one of these characters. Instead we should recognise that we are actually a unique mix of all these characters; it’s just that some will definitely be stronger in our life than others.

To discover your personal Archetype Power Profile, your dominant traits and key weaknesses to watch out for, simply answer the questions at: teamme.app/money/

Once defined, you’ll benefit greatly from regularly reviewing your Power Profile and finding ways to develop the characters you need as you continue on your money journey and achieve your money goals.

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