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PERSONALITY MATTERS

In This Issue
How do Greens deal with the recession?
See Green Warren Buffett on YouTube
My Green wife is no fun
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Greetings!

 

We are back to Green week. How do Greens handle this recession? We can learn from them. If you are Green and you have comments -- because I know you usually do -- please send me a few at dermody@cox.net.
  
Meanwhile, book me for a workshop and get a free I-Pad 2. See coupon at the bottom of the newsletter.
  
How do Greens deal with the recession?
 

 

This is the first of four articles to discuss recession combat from the viewpoints of each of the four temperaments - the four Colors.

This week is about the rational Greens. Actually, this is not addressed to Greens but to the other Colors. Why? One of the reasons we all get trapped in stagnant financial struggles is that we keep doing the same thing. We do not change our behavior over time. And much of our decision-making is based on our inborn temperaments, not on logic or even common sense. Therefore, it is urged that each week we take a look at what people of other Colors (not our own) do correctly when it comes to managing money. We can learn from them.

Green people pride themselves in being rational. They rarely stray from the big picture, stark logic, and a desire for intriguing problem-solving. For Greens, even a recession can be a wonderful challenge. Like Orange people, Greens thrive on challenges.

Like many scientists, a Green will look at data carefully and ask questions. What has happened over the past several years? What is the current state of income, expenses, cash-flow, investments, debt, etc.? For the future, what do the experts say are good bets for industries, jobs and investments? If a Green's industry, job, and current investments do not measure up to the likely future, what options need to be considered?

Greens surround themselves with resources: computer software, useful newspapers and magazines, insightful seminars, intelligent TV programs, and people who know what they are doing. Like Warren Buffet (see the next article), they study deeply before they invest. And they take advantage of all the knowledge they can gather from these resources.

Speaking of resources, Greens tend to be highly efficient with their resources - not wasting very much in quantity or price. If the family is experiencing serious financial struggle, then watch the Green cut bills to the bone - such as to basic cable, basic internet, need-only utilities, vacation plans, groceries, dining out, entertainment, holiday gifting, etc. They do this more easily than the other Colors because Green are utilitarian to the core. What's more, they are perfectly happy living in their heads and do not need to own a great arsenal of material goods.

A natural gift that many Greens enjoy is calmness. They separate themselves from emotional reactions to difficult problems. They may compartmentalize issues that will cloud rational thinking with distracting emotions. This way, it is possible to treat one's financial planning as more of a scientific exploration on the outside rather than a nervous or fearful reaction to bad times.

Greens, however, may have so much faith in rational and logical thinking that they fail to realize not everything is completely reasonable. One can sacrifice happiness by choosing the wrong recession-friendly job, or investing in an industry suddenly rocked by natural disasters or corruption. Greens - as intelligent as they like to think of themselves - are not likely as "savvy" as the Dow long-term, or as Warren Buffet, or as a few million individuals who somehow have an unworldly intuitive pulse and gobs of common sense.

Those of us who are not Green can improve our money management by adopting one or more strengths of Green people. Better yet, we might enlist a Green to help us with financial decisions.

Next week, find out what we can learn from Gold people.

The Ever-Green Warren Buffett on YouTube
 
Warren Buffett Interview on How to Read Stocks
Warren Buffett Interview on How to Read Stocks
 

No doubt about it - Warren Buffett, the amazing investor, is a rational Green. Watching this YouTube clip, you realize immediately the wizard of Wall Street is a man completely tuned into knowledge, systems, technology, pragmatism, cold reason, and utilitarian decisions. He will not be drawn into political or moral controversies surrounding his investments. From the standpoint of investment, the whole world - to Warren Buffett - is a numbers game based on careful research.

My Green Wife Is No Fun
 
 

My wife Reese is Green. Oh boy is she ever. The woman I fell in love liked to dance and go to parties. She was an amazing conversationalist at school and just about everywhere else. Whenever I brought up a new subject, she'd really get into it. If she didn't know much about a subject the first time I brought it up, she would study all about it before we talked about it again. She was an amazing friend as well as girlfriend.

Now it is nine years later. We have one beautiful six-year-old. We share childcare duties and housekeeping chores. We both work.

But "the woman I fell in love with" left the fun in college and has become awfully serious. Dancing and going to parties have fallen by the wayside, and I understand that a little. But I think we should be doing some kind of socializing to get out of our homebound ruts.

When it comes to conversation, she shuts me down if she thinks I'm going to be boring. She's not rude or cruel, but she says things like, "And the bottom line is...?" Or "Didn't we talk about that already?"

I love my wife, Jack. Her "Greenness" is what attracted me to her in the first place, but I just wish we could connect more often and have more fun. What do you think?

Bill Nelson (Gold-Blue)

Hi Bill,

You are not alone experiencing the seriousness of a Green spouse. Greens normally prefer the playground of their own brains over the social world outside of themselves.

The "woman you met" is still there, however. In college, dancing and going to parties were attractive to Reese because she was probably experiencing them to the fullest for the first time. And that's the clue: the first time. Green folks like new and interesting things to do and will stick with them as long as they remain compelling. But eventually they will move on to new interesting things.

Instead of parties, your Green spouse may indeed like to substitute some form of socializing, but here is the secret: Is the socializing potentially intriguing? Interesting? Will other interesting people be there? Will there be something entirely new to learn or to do? Green people often dislike ruts, dislike doing the same thing, dislike hanging with people who say the same things and cease to deliver new information or new experiences.

And that relates to you, Bill. Are you interesting? Do you have new things to bring to the table? Have you taken an interest in any of Reese's projects or ideas? In a nutshell, Bill, are you able to feed Reese's insatiable appetite for new and interesting information?

Now this does not mean that you have to change your behavior all the time just to please your mate, but it is important that you understand why she seems less enthusiastic about socializing or conversing with you. You, too, have a comfort zone that you would like to see accommodated, right? As a Gold-Blue person, you can let Reese know that you may relish some common socializing and intimate conversations and would feel more appreciated if she would patiently join you for some of your favorite activities.

Marriages work where both sides "work" on improving the bonding every single day with all of the activities of the day. Ultimately, you will both learn to bring joy to the other almost effortlessly - and without overly compromising your own values or comfort zone.

Hope this helps.

                               Jack

This really is YOUR newsletter. I like sharing stuff more than selling stuff. Send your stories and comments, please, to dermody@cox.net.

 

Sincerely,

 


Jack Dermody
JackDermody dot com

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