Whether you are highly aware of its influence in your daily activities, or you have a nonchalant attitude towards it, money plays a huge role in our lives. As your personality traits substantially affect how you perceive and allocate your budget, scientists described 5 financial personality types.
The Ostrich is someone who would rather bury their heads in the sand than organize their finances.
Advice: Ostriches should try to take slowly their heads out of the sand. They should try to examine their finances, take a close look at a better saving rate and consider approaching a financial planner.
Those who know me know how much I love the Roth IRA. I love it so much in fact that I tried to convince my wife to name our third son "Roth." Ha, ha, I might be kidding . . . . Anytime I can encourage a young investor to start their own Roth IRA it [...]
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.