You are probably aware of your own personal characteristics, such as if you are open or organized, but did you know if you also have a financial personality?
Although difficult to notice, each person has specific tendencies that shape his financial personality.
This can be understood better if you think about the times when you went out to dinner with friends. You may have noticed that when you pay the bill, some people like to pay it in full, while others prefer to divide it evenly, and a third party believes that it is desirable for everyone to pay for what they consumed Only, and this situation is considered a bit embarrassing, but that happens because everyone has different financial tendencies.
In this report, the Colombian site, Finanzas Personales, examines the six money trends that distinguish the financial personality, based on the book "Know Yourself, Know Your Money" by American author Rachel Cruz.
Squandering or saving
Waste people are those who see a lot of possibilities when it comes to spending money, and when they have extra cash they are eager to spend it, and when a person has this kind of tendency they are likely to be generous and indifferent to money, but it is important to be aware of this type of People need to give priority to saving.
The people who save are those who prefer to save their money for a time of need.
And unlike the squanders, saving money for the future is not a big sacrifice for them, because it gives them a sense of security, and people who save are characterized by patience and responsibility, but working to save all the money they earn will likely miss out on many enjoyable life experiences.
Saving money for the future is not a big sacrifice for people who save (Reuters)
Obsession or free thought
People who are obsessed are very responsible when it comes to their finances. They want to feel that they are in control of their money. Also financial details and decisions.
However, geeks must ensure that their strict rules do not exhaust themselves or the people around them.
When it comes to money, free-thinking people adopt a "enjoy life" mentality. They do not like limited budgets, but these people must strive to achieve balance in order to enjoy financial stability now and in the future.
Experiments or materials
Experiences have a relationship with what people care about in their personal lives. Some are interested in running new experiences, such as trips, concerts or family outings, while others prefer to spend their money on materials such as clothes, shoes, or the latest technology.
Quality or quantity
People have the ability to choose between quality and quantity;
The people who prefer quality are those who are looking for sustainable goods, always looking for and planning their purchases in advance, spending their money on quality goods and not suffering from a compulsive shopping obsession.
In contrast, quantity-seeking people crave creativity and benefit from the diversity of products, and they like to have several options instead of using the same choice every time they shop.
Quantity-seeking people crave creativity and benefit from diversity in products (Getty Images)
Security or prestige
People who are looking for security as part of their financial personality also love the security that money can bring to them, and they aspire to mastery of dealing with emergencies, such as job loss, health problems, or even low income, but it is important not to allow the safety mindset to make you. You live in fear, and as you make financial decisions, you should anticipate all possibilities and think about them carefully and not just make choices that involve the least risk.
People who like to show their financial status appreciate purchasing luxury branded goods and are more likely to find a way to justify the unnecessary purchases they make if it makes them feel successful in some way.
But they should try to control their expenses and be aware of the fact that money and luxury goods do not determine the position of people.
Abundance or scarcity
People who think that money will always be available tend to take more risks, are not afraid of the outcome of their decisions, and often donate their own money, believing that there will always be a way to make more money.
On the other hand, conservative-minded people make their financial decisions based on the belief that resources can easily run out. They keep private property because they “may need it someday,” and sometimes they fear losing things because they may not be able to replace it.