The Ostrich - Deepstash
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The Ostrich

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.

295

905 reads

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The Saver

The Saver hates taking risks and hesitate about investing, or even spending.  

Advice: Cash is not a suitable long-term investment. A financial advisor could help you find the right investment approach and the level of risk you are comfortable with. 

288

862 reads

The Debtor

They simply spend too much and don’t put much effort into keeping their financial assets in order.

Advice: Try to keep track of your expenses on a daily basis; check your bank account more often and don’t allow yourself to borrow too much from your friend...

287

1.01K reads

The Big Spender

The Big Spenders like to make social statements by having the latest car, clothes, or phones. They use the money for love and attention and are the main representatives of consumerism.

Advice: Think twice before making a purchase and try to filter the things th...

291

849 reads

The Investor

People who invest are those who love the risk, trade frequently and have enough confidence to think they will beat the market.

A 2011 study found out that most investors underperform, namely 82%, because they were trading instinctively rather than strategically.

347

1.2K reads

CURATED FROM

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lucy_d

Investing and saving is not the same thing.

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The Ostrich

Someone who would rather bury their heads in the sand than organize their finances.  “Making no decision always feels easier than the possibility of making the wrong decision.” 

Ostriches should take their heads out of the sand — slowly. Set aside an hour a fortnight at fi...

The Fitbit Financier

They check their online bank balance and track their spending as often as someone training for an extreme sporting event measures their calorie intake, resting heart rate and sleep quality. 

Take a step back and look at the bigger picture. A session with a

When you can't save that much

If you cant save 20 percent, you are not a failure. While everyone should aim for 20 percent, not everyone will hit the target on their first try.

Start small. Start with 1 percent. Slowly increase. Aim for higher, but if it leaves you stressed, scale back. However, keep t...

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