The Money Code: Improve Your Financial Life Right Now by Joe John Duran, is a book about understanding your Money Mind and knowing that your biases and life experiences have an effect on your financial decisions. More info on how to win a copy of this book plus a $25 Visa gift card below!
Duran, who has been profiled in numerous publications including the New York Times and Smart Money, takes you on his journey to discover five money secrets that have allowed him to live his best financial life. Watch Duran explain secret No. 5 in the video! He writes:
Ideally, making decisions about money would be a solely intellectual exercise. But I have come to know — as both an individual and a financial professional — that decisions about money are almost always emotional ones, too. And our personal histories and perspectives will affect not just how we make decisions but also their quality.
If quality is what you want from life, Duran’s book is for you! The 157-page book, is an easy and quick read that will teach you how to prevent bad money decisions by identifying your Money Mind. Basically, a Money Mind is like a lens that influences your money decisions. There are three:
- Fear Money Mind – It’s those who see themselves as the protectors and are frustrated by not being able to find peace of mind.
- Happiness Money Mind – These folks are pleasure seekers and feel like there’s never enough.
- Commitment Money Mind – You’re in this group if you feel like there’s too much personal sacrifice in your life. You’re the giver of the group.
You may have qualities from all these minds, but one usually dominates! I’m a combo of the fear and commitment money mind. Knowing what type of money mind you are will also help you talk finances with your spouse or family without all the money fights.
Let us know in the comments what Money Mind you are by Friday, Feb. 8, 2013 at 11:59 p.m. EST for a chance to win a copy of The Money Code and a $25 Visa gift card! Winners will be announced Monday, Feb. 11.
If you can’t wait to get your hands on the book and read more about Duran’s journey and money advice, you can purchase a new copy on Amazon for $10.17 (orig. $14.95).
From the description that Bargain Babe gave of the book, though there is a bit of all three groups in me, I’m predominantly of The Commitment Money Mind—definitely way too much personal sacrifice has been made by me! Lessons painfully learned the hard way.
I think I have a Commitment Money Mind.
Fear Money mind, I wouldn’t have guessed that category based on the title, but the description is fitting
I’m also a combonation of committment money mind and fear money mind.
I have the commitment money mind.
I don’t feel that any of those really fit me.
I can’t say I’m any of these–they seem narrow and limiting to me.
Commitment Money Minded
I think I’d have to say the Fear Money Mind… sounds scary, but the description is fitting!
Fear Money Mind I am.
I am a Commitment Money Mind but also have a bit of the Fear Money Mind as well.
Happiness money mind for me!
Happiness Money Mind
I am probably a Commitment Money Mind.
I’m a combination of the Commitment Money Mind and Fear Money Mind. I will usually ponder our financial status every month and get nauseous, then push it out of my mind and go out to buy groceries, and see something that costs a little more than I would like to spend, but I figure “we deserve it because we work hard”. Is there a happy medium? I hope I find out in the book!!!
Unfortunately for my bank account, I am Happiness Money mind…
In this economy, I can’t imagine anyone not being a Fear Money Mind. Our money becomes more worthless every day that the Fed keeps banks from paying decent interest rates to savers, instead encouraging risky investment in the Wall Street casino.
I am all the above, however, I am working on to be neither.
None of them really fit me, but the fear one is closest.
Fear, I think.
I don’t particularly identify with any of them, but perhaps it’s more that my decision-making is normally multifaceted and doesn’t focus solely on one thing or isn’t motivated only by any single thing.
I think all three apply to me, but Fear & Happiness have a stronger influence than Commitment.
I am the Commitment Money Mind.
I think I’m a combination of Fear and Commitment.
I think I’m a Happiness Money Mind.
I have the commitment money mind.
Definitely the Commitment money mind!
Commitment money mind
I must be weird or something, because I feel like I am a bit of all of them. I would be very interested in reading more about this in the book.
Fear money-mind – need to overcome this!
Fear money mind…
I have the commitment money mind!
I would love to win this book. I think it would really help me with money.
I think I probably fit into the Fear Money Mind.
I’m Fear Money Mind.
I fear that I am the “Fear $ mind”!
Commitment Money Mind
Happiness Money Mind!
I have a commitment money mind.
i have fear money mind…
Happiness Money Mind
Commitment Money Mind!
I’m like the Fear Money Mind!
I am a combination of Fear and Commitment money mind. It’s become increasingly challenging as my husband has been unemployed since October. With 4 young children whom are a blessing and their laughter takes my worries away instantly, every penny now has to be stretched beyond my comfort zone.
Happiness money mind. Thanks!
im in the commitment group
thismomwins@gmail.com
I am the: Fear Money Mind, for sure.
jslbrown_03 at yahoo dot com
I am the Fear Money Mind
Fear Money Mind definitely
pokergrl8 at gmail.com
Commitment Money mind. I have said many times, if my husband would spend less, i wouldn’t feel the pressure to save, save, save!!!!
i think i’m the happiness money mind
I think I am more a Fear Money Mind than any of the others.
I think I am the Commitment Money Mind because I feel like I am always in debt for something.
I would say that I’m the Happiness Money Mind.
I am “Fear Money Mind.”
I’m mostly a happiness mind but with strong commitment mind tendacies.
I’m a combination of fear and happiness.
I have a fear money mind.
Happiness Money Mind!
I am Happiness Money Mind.
Fear Money Mind