Issue No. 293C of Your Weekly Staff Meeting features a literary hat trick: 3 books in one issue—all on the critical subject of money and finance. (Be sure to take the quick quiz to determine your “money personality.”) And for my 2013 Top-10 list of books—and my 2013 Book-of-the-Year pick, click here. Plus, this reminder: check out my Management Buckets website with dozens of resources and downloadable worksheets for your staff meetings.
Book #1: The 5 Money Personalities
I’m tempted to make an extraordinary claim here. If you read The 5 Money Personalities: Speaking the Same Love and Money Language (and you’re married), and you can resist NOT reading selections of this book to your spouse, I’ll mail you a Starbucks card. Honest—you will read this out loud to him/her. Often!
“We have yet to meet a couple,” write Scott and Bethany Palmer, “who has no financial infidelity in their lives—we have it, you have it, we all have it.” They describe financial infidelity as “a host of money-related behavior: lying about money, hiding money, secretly hoarding money, controlling money, or something that involves one spouse being less than honest with the other.”
Example: “We’ve found that 65 percent of women have a secret credit card or a secret stash of cash.”
The big idea in this book: “To help couples stop fighting about money and repair their Money Relationship, regardless of their financial situation.”
Their book is practical, often funny, and has specific next steps. The five money personalities are:
• Savers (“Avoids credit card debt like head lice!”)
• Spenders (“Willing to spend money to make life a blast.”)
• Risk Takers (“When a Risk Taker gets hold of an idea, reason has left the building.”)
• Security Seekers (They “get stuck in a research rut—paralysis by analysis.”)
• Flyers (“Happy to let someone else take care of your finances.”)
To discover your money personality, take the free online “Money Personality Quiz” on The Money Couple website. But—caution—let your spouse determine his or her own money personality. Don’t label him/her first!
After you learn more about yourself (your primary and secondary money personalities—and how they interact with your spouse’s preferences), you’ll see the value of several unique assignments: “The Walk a Mile” Exercise (could be hilarious and insightful), “The Money Dump” (with wisdom on what not to share with your spouse), and a monthly “Money Huddle.”
If you lead a team at work, buy this book for every married person in your department and those planning to marry.
To order from Amazon, click on the graphic below for: The 5 Money Personalities: Speaking the Same Love and Money Language, by Scott and Bethany Palmer.
To read my review of Book #2, click here for the Zondervan 2014 Church and Nonprofit Tax and Financial Guide (for 2013 Tax Returns).
To read my review of Book #3, click here for the Zondervan 2014 Minister's Tax and Financial Guide (for 2013 Tax Returns)
When to Pull the Plug? - Insights from Mastering the Management Buckets: 20 Critical Competencies for Leading Your Business or Nonprofit
In my cycle through the 20 management buckets, this issue features Chapter 6, The Program Bucket, and a reminder about the “Top 10 Questions to Ask About Program Capacity and Sustainability.” Here’s the ninth question:
“Under what conditions do we agree that we will ‘pull the plug’ on this program if the goals are not achieved by the target dates?”
For all 10 sustainability questions, visit the Program Bucket. Plus, check out other free downloads and recommended books.