deepstash

Beta

How to save more money, according to your financial personality

Deepstash brings you key ideas from the most inspiring articles like this one:

Read more efficiently

Save what inspires you

Remember anything

https://bigthink.com/personal-growth/money-personalities

bigthink.com

How to save more money, according to your financial personality
Big Spenders: Some of the best things in life are (close to) free.If you enjoy spending money and have an income that can support your spending habits, you may be missing out on some of the finer things in life by constantly chasing the finer things in life.

2

Key Ideas

Save all ideas

Financial Personalities

There are five different types of financial personalities, each of them having their own set of values and outlook towards money:

  • The Big Spenders: The ones who place a high val...

83 SAVES


Saving Tips For All Types

After you have figured out your financial personality, here are a few tips to save money:

  • Big Spenders need to consider fun alternatives to the high-purchases with things that cost lit...

80 SAVES


SIMILAR ARTICLES & IDEAS:

Financial psychology

 ... is a somewhat overlooked discipline that occupies the space between psychology and behavioral economics. Advertisers and marketers trying to tempt us to spend money are well aware of it.

The Anxious Investor

Lovers of risk, anxious investors trade frequently and believe they have the edge over others. Many have absolutely no idea what their returns actually were and only remember their good decisions.

Despite their overconfidence, they are prone to be beaten by the markets — and frequent trades mean they often rack up high levels of charges.

The Hoarder

For hoarders, money represents security. They abhor risk and may even stockpile cash that they would probably be better off investing — or even spending.

Find an advisor you feel comfortable with who can discuss the right investment approach — and level of risk — for you.

4 more ideas

The Golden Rules of Personal Finance

  • Spend less money than you earn
  • Always plan for the future: you should always look forward beyond the current month
  • Make your mon...

Save On Transport Without a Car

Save On Transport Without a Car

You’ll save far more if you don’t buy a car or sell it if you already own one but can go without it.

If you can use public transportation, you can save quite a bit of money on ...

Save On Transport While Keeping a Car

Carpool to work if you can to significantly reduce wear and tear on your car, save on gas, and take advantage of carpool lanes that might make it easier to get to work.

Check at least once a month to keep the tires on your vehicle properly inflated. Doing so can improve your gas mileage.

Save On Debts

Refinance your home or automobile at a lower rate to save money over the life of the loan and lower your monthly payment.

If your student loans are locked in at a high-interest rate, figure out whether it makes sense to consolidate all or some of them.

12 more ideas