The 7 money personality types - Deepstash

The 7 money personality types

There are 7 money personality types, says psychology expert—how to tell which one you are (and the pitfalls of each).

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Financial personality
We all spend, save, and invest differently. That’s because we’re all inherently different people with different personalities. 

Knowing your financial personality can help you make a plan to spend more responsibly and come up with a budget that works for you.

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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.

If we understand how the financial environment affects us, we can better control our cash instead of being controlled by it, turning us into more rational investors, more successful savers or less impulsive shoppers.

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Your EQ And The Relationship With Money
  • EQ means emotional intelligence, our ability to understand emotions and handle them without letting them overpower us.
  • EQ is a powerful social skill that helps us recognize, understand and distinguish the feelings of ourselves and the people around us.
  • Money EQ is how we feel about money, and is key to a healthy, prosperous relationship with wealth, no matter how much we have or earn.

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