“My sister and I are so different when it comes to money. She’s a big saver and recently bought her own apartment. On the other hand, I have over J$60,000 in credit card debt. I’m feeling a little jealous of her although I know it’s not fair, because she has tried to help me manage my money better.

“Why is my sister so successful with money while I’m always a loser?”

Why it is that some people seem to be ‘born with gold spoons in their mouths’ while money never seems to visit the lives of others? Are some people just destined to be lucky with money while others are doomed to remain poor?

Kathleen Gurney, Ph.D. author of Your Money Personality: What It Is and How You Can Profit from It states that there are psychological factors at play when it comes to money, as our thoughts and beliefs about money help to influence our financial success or lack of it.

She points out that along with our physical self, emotional self and social self, we also have a financial self. This money self influences the way we interact with our money. Continue reading What’s Your Money Personality? →