Mattress Banker Financial Archetype | Nedbank Money Secrets

financial wellness content recommended for the mattress banker

Emotional Blind Spot

While the Mattress Banker can be relied upon to create an impressive legacy for their families, their secretiveness and mistrust of others may be keeping them from developing truly meaningful relationships.

Money Blind Spot

The Mattress Banker’s mistrust of financial institutions means that their money is, obviously, under the mattress, in the floorboards or buried under the rose bushes. They’re likely not to tell anyone how much they have or what they have done with it. The responsibility for their wealth is entirely on their shoulders. This usually results in a very poor credit rating, and leaving them one fire, flood or theft away from losing it all.

Positive Actions

It would be useful for Mattress Bankers understand what trust means to them. Who do they trust and why? Who trusts them and why? How has their trust been broken in the past? And how is this transferred, perhaps unjustly, to their current personal relationships? If they can trust other people, is it possible that the world isn’t such a dark, scary place after all?

Positive Money Secrets

Mattress Bankers may need to reassess their values and behaviour around saving and investing. How secure is their wealth? Is there a chance that diversifying their financial portfolio from everything under the mattress to a few more secure investments could solidify their wealth rather than risking it?

Recommended solutions from Nedbank.

Nedbank pay-as-you-use

We know that every cent counts. With a Nedbank Pay-as-you-use Account, there are zero account fees, you get a gold cheque card, and you pay only for the services you use. That’s different.


Did you know that you can turn your cell number into your bank account with Nedbank MobiMoney? You can send and receive money, buy airtime and electricity, and deposit up to R4 000 at no cost.


A Nedbank Stokvel Account is a group savings account that gives you more of the things you really need. Open a Stokvel Account with only R100 and get 10% discount on groceries, discount on school supplies, and up to R10 000 burial cover as a member.

Airtime without airtime

Sometimes one can run out of airtime at the most inconvenient times. Luckily, with Nedbank’s Airtime without Airtime, you don’t need airtime to top up. Just dial *130*001# from your phone and follow the easy steps.

Download Nedbank Money App

Download Nedbank Money App

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