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July 28, 2022 • 17 mins

Dating Expert Monique Kelly returns to the podcast to give us the tea on the seven money personalities and how they relate to dating.

Host IG:@itstanyatime

Guest IG: @cocktailsandconfessions

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Speaker 1 (00:00):
Hey, Money Movers, Welcome back to Money Moves, the daily
podcast determined to give you the keys to the Kingdom
of financial stability, wealth and abundance. I'm your host, Tanya
Sam and today's guest is the Hollywood blogger, author, and

(00:21):
brilliant mind behind the popular site Confessions of a Serial
Data in l A. She has parlaid that to becoming
a renowned dating expert, and I'm so excited to have
her back on the podcast today. Monique Kelly, Welcome back
to the podcast. So glad to be here. How are you.
I'm excellent. Love love love this segment. Love coming you back.

(00:42):
You were now family talking about one of the things
that I think is really the backbone to a lot
of our thoughts are girl chats, et cetera, money, dating
and finances. Yes, I mean you it's the root of
everything good, evil, love, every thing right. Yes, yes, I
mean and you know what it touches onto all these

(01:04):
aspects of our lives. And today I want to talk about, um.
You know, I stumbled across a lot of scientific research
and it was talking about seven money personality types and
I was really fascinated. You know, these psychologists that sort
of pulled together seven money personality types, and I want
your take on how this impacts on dating. So if
you allow me to read off these seven personality types

(01:27):
really quickly, and then we're just going to sort of
dive into, you know, the red flags or the green
flags or things that we need to be aware of
about as we go into our relationships and dating. So
here we go. Are you ready? I am ready? Yeah,
I know you know these. You know these, so I'll
just read them off for our listeners right now. So
number one, the compulsive saver, you know, just always saving um,

(01:50):
saves money is sort of like a source of security,
the compulsive saver. The second one is the compulsive spender.
I mean this person is buying every thing from Berkins
to Channel to watches. Like both sides, guys, there's two
sides of the coin here, um. And then we have
the compulsive moneymaker. This is the person that is constantly

(02:11):
driven to just earn, earn, earn. They might be super
focused on it there, perhaps a workaholic, but everything they
need is built around this financial success and security. And
I think there's pros and cons there um. The other
piece is indifferent to money. This person tends to be
financial well off, but they just don't have to think
about it. So those are the top four. I'm gonna

(02:33):
go back, um and if we have time, we'll touch
on the last three at the end, which is this saver, Splurtur,
the gambler or the warrior. But let's start in with
this compulsive saver. Yeah, the compulsive saver. It's interesting because
it's a double unentantra right, because saving is a beautiful thing.
You want to save you you don't want to be

(02:53):
living paycheck to paycheck. And I think for a lot
of times people who grew up maybe didn't hell lot
of money, maybe we struggling, or maybe for some people
who were struggling a few years ago and they finally
have gotten their stride, they're making their money, and there's
always this fear. We always have this fear of like
I never want to be broke again. I don't want

(03:13):
to be there again. There's it's almost like you're living
in fear. So it's hope the saver. A lot of times,
when it comes in relation to dating, what happens is
you're so busy saving money that you're not enjoying life.
Your partner might want to go on a trip and
you're thinking about what's going to happen in the next
twenty years. You have the money, but you're always living
in a state of being worried. There's a difference between

(03:35):
being frugal and being smart and being just so you
want to make sure you're aware of that and make
sure that you're a partner. You know, you have a
partner that understands that you're a saver, but you also
understand how to enjoy life as you're dating and in
a relationship. With some it's really about making the right
relationship match because I've seen this play out in a

(03:56):
lot of relationships where you know, and it's it's it's
it's a beautiful It's like you said, it's a double
edged sword. This person is saving. They're responsible, but the
responsibility of it is it feels like it's endless, right um,
And they're they're also the type of person that's gonna
be like, listen, you spent four dollars in nineteen cents
twice at Starbucks, and so the owners on the partner

(04:17):
is like, Okay, you're literally clocking my Starbucks spend. You know,
you've given me a budget, We've agreed on it, but
you might be micromanaging that budget. Um, And you said
it so well, because you don't want to be in
a situation where you're in a relationship and you're scared
and you are you are handling your business okay and yours.
You don't want to bring in a bag from Norse

(04:38):
strooms are from Nemon Marcus because your partners like, what
did you buy there? What did you do with that?
Why would you spending money on this? And where your
partner feels judge, there's nothing worse. And we've heard it
before with some people. You know, you sell bougie. You
know you want you nail, you want this, you want
that where you downplay someone because they like nice things
because you are being a compulsive saver and you're making

(04:58):
your partner feel judge liking the things that they like.
We we don't want that. So it's funny because that
makes me think about you know, on Instagram, you always
see those videos that people do where they're like hiding
their Amazon packages or hiding their stuff under their bed,
and I'm like, but that is the thing, and it's funny.
We look at it as a joke. But in a
perfect world, you want to be able to be open

(05:20):
and honest and have these conversations with someone and know
that you are not you know, doing wrong in your
in your in your partner's eyes. Now that takes me
to the compulsive spender rights, who is the compulsive spender
who was making maybe those it's on the opposite end
of the spectrum. They're making irrational and unnecessary purchases or

(05:41):
you know, really can't rain in their spending. We see
that so much because the compulsive spender, especially in dating,
that can be very tricky and can lead to a
lot of deception. Um, you saw the Tinder swindler right,
Oh I did? I did? Okay, So you know with

(06:02):
a lot you want to be careful with dating that
you don't fall for a facade. I mean, I live
in Los Angeles. There are so many people out here
driving range rovers, Porsches, can barely make their car note
they are struggling their veigh compulsal spender. And it's hard
with social media because you're trying to keep up with
the jones as you're trying to present this of who

(06:24):
you are, what you want, and this happens a lot.
We talked before about pre nups and about moving in together.
This happens a lot with sometimes athletes. You know, you
get your contract, you run through that money like it's
gonna be forever, and then you look up later on
down the line and you hear these stories how they
are baroque. I will not know names, but we have
heard about the eighty million dollar former NFL player, who

(06:46):
is of course okay. So when it comes to dating,
I tell a women to make sure you are playing,
not just paying playing attention. So when I say playing attention,
that means you notice things and you operate accordingly. You
do your mental role in a lot. Yes, this is
sometimes where you're out on a date with someone and

(07:07):
you notice little things like this, and people like, well
they're saving. Do they always pay for dates with a
large amount of cash. You've never seen a debit card,
You've never seen a credit card. That's something to pay
attention to. Yes, it's great to not always use a
credit card, but you have to see it's everything is
always being purchased with cash. You're spending a whole lot

(07:27):
of money. You know there might be child support issues
where you know they haven't paid their child support, but
they walking around with a Porsche, so you it's it's
a bigger conversation when it comes to the compulsive spender.
Oh my gosh. Absolutely absolutely, and it's just you got
to pay attention, pay attention to attention. Alright, let's talk
about the compulsive moneymaker. I think this is really interesting too.

(07:50):
This is you know, the eternal like money is better,
money does make our world better, and like everything about
this is the top priority, right, it's wealth and making money.
This is the This might be the person that's like, yeah,
I can't really settle down with you until I'm a
billionaire or until this or until that. This is the
compulsive moneymaker. Let's talk about this and dating girl, you

(08:11):
better preach on that because with the compulsive money maker
it's nice because when you're dating them, they're making money.
And let's let's not front okay, women, we we love
being courted, we love you know, being lavished. It's nice
dating the compulsive moneymaker. And especially in the beginning you
go into the good restaurants. Yeah, you live in they

(08:32):
might be even buying you a Chanel bag. You just
live in life, right, But then you get deep down
into it. This is also the person that lots of times,
they're so busy working that you rarely get to have
great quality time with each other because they're so busy
making their money. You're out and there on their phone
most of the time. When you're on the date, they're texting,

(08:53):
they're doing this, they're doing that, they're multitasking, you're talking
on the phone, they're talking to other people. They're the
people where they don't stop. So a lot of times
in the relationship you often feel lonely. And it's an
interesting dichotomy because you could be in a relationship with
someone like this. And I always tell women, don't ever
get on a man about making his coins. You know,
he's making his coins. You know, especially a black man,

(09:15):
you want the money. It's already hard enough. So sometimes
it's a hard balance because even like doctors, a lot
of times when you're married or dating a doctor, they
have these crazy hours and you you end up sometimes
ultimately becoming a single mom because there's working so much
and things like that. So when you do have a
compulsive moneymaker, no, there's some with that lifestyle, there does

(09:36):
come up price, okay, And just understand, lots of times
you might go to events by yourself because they're busy working,
they might have their phone out the whole time, and
it's just something that you have to get used to.
If it gets out of hand, you have those conversations.
But with that compulsive money maker, like there does come
a certain adjustment to the lifestyle and how you your
annoyance level of times. Yeah, of course, And and again

(09:58):
like this is a great conversation. We're talking about these
sort of personality types and as it relates to dating,
how people look at money. And I think these are
again conversations we've never had. I didn't I didn't sit back,
you know, with my girlfriends or my partners or this,
and and look at like archetypes of how people look
at money much less talking about money. So I think

(10:19):
these are so interesting to put them out there now,
all right, let's go on to the next one. The
indifferent to money. This is also a really tricky one.
A couple of the points on this where it tends
to be financially well off, they may or may not be.
They just maybe maybe not had to think about money
in ways that maybe most of us had. Or they
also feel like money should not influence important decisions in life.

(10:42):
I know people like this, I absolutely do right beautiful people,
but they you know, they're like I just I don't
need a lot of money. Money should not govern how
I make decisions. Dating them is tough. I've had friends
who date these people. You know. It's interesting because there's
there is a beauty to have being with someone who's
indifferent to money, where they understand they can take it

(11:05):
or leave it, but they haven't, which is great. They
look at, hopefully the good side of this. They look
at life more as experiences where it's not like money
rules everything around them. They tend to have a good balance.
So unlike the compulsive moneymaker who's so driven, constantly working
constantly on their phone, the one who's usually indifferent to

(11:25):
money is usually the one who's present in the moment.
But at the same time, when you're with someone who's
indifferent to money, let's say, because there's nothing wrong with
being someone who likes nice things, who likes designer things,
who likes there we got to take that prototype that
if you that's who you are, there's something wrong with it.
There ain't nothing wrong with that. So sometimes when you're

(11:46):
with someone who's indifferent to money, they're like, well, why
does it matter, Why do you need to have a label?
Why do you need to go this place? You can
go get it at the same price at this place.
And it's and they don't understand like you might not.
It's not that you're looking down on a ross, but
you might not like to have to pick through things
to find something. You might like to go to the
nemon markets where everything is just kind of presented. It's
easy to pick out and grow to boutiques. And when

(12:07):
you're with someone who's in different to money, sometimes similar
to the compulsive saver, they can kind of sometimes make
you feel a certain kind of way, different judgments and
nuances to it. And that's the thing. They might make
you feel bad for it. And so it's it's it's
this fine line of being indifferent to money. But the
other side of this is like they might only need

(12:28):
a modest amount to make them happy. So again they're like,
I don't care what I wear right right very day,
but you want something different, you know, So having these conversations.
But the other thing is this person also could be
the type of person that's like, I don't really need money.
You can have the money. I'll depend on you to
do the work and the money just goes right. Yes,
you know, they're like, oh, I didn't realize I was

(12:49):
spending you know, okay, And so being able to have
these conversations about accountability and being able to match and
and really find a place where you're on each other's level.
And I also think it's key that there has there
can't be a lot of judgment, okay, because lots of
times you're going to be with someone who might not
be have the same type of money mentality as you,

(13:10):
and making sure with with all things and dating that
there's not a level of judgment and where you're not
making someone feel a certain kind of way because they
are a savers blurger are they are a compulsive money
maker or a compulsive saver. Where you look at the
different titam it's kind of like where you learn each
other's love languages, so you learn how to communicate with
each other, look at these different money spending archetypes and

(13:35):
learn how to communicate with their that person in their
language and vice versa. Yeah, you know, and this is
what's it's it's so funny as I'm starting to learn,
you know, we're going into financial wellness, but also there's
a psychology behind it that I think it has taught
me so much more. And you know, again, at the
at the end of the day, I really want us

(13:55):
to remove the barriers to having healthy conversations around talking
about money and our finances so that at the end
we have peace with it. Because money is a vehicle.
Financial wealth and generational wealth are a vehicle for us
all to live this beautiful, authentic life. And when we
strip away the barriers and the inabilities to talk about

(14:16):
these things, I think we all I mean, now I'm
getting into like this wishy washy stuff, but I love guys,
it's not. It's it is really about how we can
have this abundant and authentic life, right um, and make
connections with the people in our lives that will help
us to find all these things. So, you know, look
into the psychology of money. Look into also if you

(14:39):
see yourself as being one of these personality types, do
a little bit of work to be like, why am
I like this? Is it because maybe I grew up
in a family where I didn't have to think about money, um,
And because these are also things that we're going to
pass on to our kids. Right So the more and
more intuitive that we are in terms of like the
wise and where these things come from. The better I

(15:01):
think people we become as well. Absolutely, I I couldn't
agree with you more because again, everything usually stems from childhood,
especially with dating, past dating experiences where some people might
have felt used, or some people had a lot of
money and lost it, or some people feel like someone's
trying to be on a come up, or someone's trying

(15:23):
to impress someone and they're not being who they authentically are.
All that comes into dating and especially when it comes
to money, So it's something you do have to pay
attention to. I love this, Monique. This was incredible. I
love having you on the podcast. I love talking about
the fun and nitty gritty parts of dating, personality, money, finances.

(15:43):
But please tell our audience where they can find you
and if you guys have more questions, if you have
some real life scenarios that you want us to address,
please let us know. You can find me on Instagram
at it's Tanya Time, follow us on Greenwood and Monique,
please tell our audience where they can find you on
social media on Instagram, I am at Cocktails and Confessions.
My novel, Reality and Chaos is available at Amazon and

(16:05):
Barnes and Noble, and of course you can always go
to my website, Confessions of a Serial Data in l
a dot com. Monique, thank you so much for your time,
your wisdom, and your insight um Money Movers. That's all
the time we have for today, but make sure to
follow Monique on all her social media handles, and if
we've helped you make your money move, please make sure
to let us know by sending us a like, sharing

(16:26):
the knowledge, and or leaving us a review on your
podcast site. Make sure to tune in Monday through Friday
and subscribe to the Money Moves podcast powered by Greenwood,
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you so rightly deserve. Thank you so much for tuning
in Money Moves audience. If you want more or a
recap of this episode, please go to the bank Greenwood

(16:47):
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