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. 

Advice: Continue to educate yourself, limit your trades to the amount you could afford to lose and try to act for your long-term financial benefits.

The Investor

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. 

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The Saver

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 that you really need from those bought by reflex.

The Big Spender

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.

The Ostrich

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 friends.

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The Debtor

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

The 5 Financial Personality Types

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