Each of us has his own style of dealing with money, as some tend to save continuously and without a specific goal, others spend their savings without prudence, and others are constantly afraid of losing all their money.
In a report published by the American "awareness act" website, the writer Harley Manson reviews 6 categories of financial personalities, according to research and studies conducted by financial expert Ken Honda on the psychology of money and happiness.
It is important, according to the author, to know which category you belong to, because this paves the way to improve your disposal of your financial resources, control your budget, and achieve your goals.
compulsive saver
Compulsive saver works to save money continuously, sometimes without a specific goal, and this is linked to a sense of security as the amounts saved increase and spending decreases, and Honda says that the problem of this group of people is excessive saving and not enjoying financial resources. .
Compulsive saver is constantly saving money, sometimes without a specific goal (Getty Images)
compulsive spender
This category of people spends a lot of money on things that they do not benefit from, and they constantly seek to satisfy their own desires and those of others even if they do not have enough financial resources.
The compulsive spender is likely to be an emotional person who does not control his desires, and who often ends up accumulating a lot of debt without discouraging him from continuing his bad habits.
And if you fall into this category, Honda suggests that you set a precise budget and try to stick to it to avoid slipping into unnecessary expenses.
chasing after money
The happiness of this category of people is often related to their financial situation, as they spend most of their time trying to earn more money, which enhances a sense of self and a sense of pleasure.
The main problem of this type of person is that he sacrifices his comfort and psychological needs in order to earn more money, and he does not spend a lot of time doing the things he loves because he considers money his top priority.
Honda says - in this context - that it is useful to understand that money is not everything and that there is more important in life.
It is useful to understand that money is not everything and that there is more important in life (Shutterstock)
indifferent
This type of person does not think much about money, and may think that money is the root of all evil, and does not see that it has a great impact in his life.
Honda warns against the mentality of indifference to money, and advises that we remain constantly aware of our financial situation so as not to fall into unexpected problems, and work to make use of it wisely knowing that it is not the most important thing in life.
wasteful saver
If you are a heavy saver, you are in the middle between compulsive saver and compulsive spender, when you start saving, you may find it difficult to stay like this for long and suddenly decide to spend all your savings.
This duality can be very stressful, and Honda suggests thinking about the benefits you can reap if you spend your savings wisely and focus on long-term goals.
apprehensive
This type of person is always afraid of losing money regardless of his savings, and finds it difficult to believe in his ability to achieve financial stability, so he is obsessed with losing money.
Honda says it's important to look positively and optimistically at your financial future, and try to talk to a financial advisor to overcome your fears.