I (Scott) am a Primary Spender and a Secondary Security Seeker. This played itself out perfectly this last week with my new tire purchase. (Yes we were stranded on the C470 for an hour, in the hot sun, with a flat – argh!) While stranded, a truck stopped to help us … out popped an employee of Discount Tire. He saved the day!! I soon learned exactly which tires you will never see on a Saver’s car.After the help he extended us, I wouldn’t dream of getting my new tires anywhere else! The purchase of the new tires is where the story gets very interesting …
When I got to Discount Tires, I went straight to the Michelin display. (After all , I worked in a Michelin store studding tires in my early years.) I found the perfect set of tires—with a 70,000 mile tread life. This is how my Money Personalities played out:
Spender: Go ahead and buy the very best.
Security Seeker: They will last a long time in to the future and keep my family safe.
Many people ask us the difference between a Saver and Security Seeker. Notice I do not have Saver in my Money Personalities. A Saver would never have spent the kind of money I did for a set of tires. Do you see the difference? A Saver won’t spend the money, whereas a Security Seeker wants the protection.
Money Personalities continue to effect just about every decision we make. When it is time for major purchases—like tires—you will see your Money Personalities flare up.
The bottom line is this: when you understand your Money Personalities you will see them play out in yourself over and over again. I would love to hear how your Money Personalities played out recently. Share your story and we can all learn from each other.
Make it Happen,
Scott of The Money Couple